Answer:
• Degree of operating leverage = $2
• Expected Percent change in income = 20%
Explanation:
Details provided from the question includes ;
Total contribution margin = $80,200
Pretax net income = $40,100
Expected increase in sales value = 10%
Therefore;
Degree of operating leverage
= Contribution margin ÷ Net operating income
= $80,200 ÷ $40,100
= $2
Percent change income
= Percentage increase in sales × Degree of operating leverage
= 10% × 2
= 20%
Inflation is 110
<u>Explanation:</u>
The consumer price index is the ratio of the basket prices of the current year to the basket price of the base year multipliers by 100, this helps us to determine inflation
now, cpi in second year = 
= 110
Answer:
$997.37
Explanation:
For computing the invoice price first we have to determine the accrued interest which is shown below:
Accrued interest is
= Par value × coupon rate × remaining months ÷ total months
= $1,000 × 6.11% × 4 months ÷ 12 months
= $20.37
Now
Invoice price is
= Clean price + Accrued interest
= $977 + $20.37
= $997.37
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