1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
SashulF [63]
3 years ago
10

A company's current sales are $300,000 and fixed expenses total $225,000. The contribution margin ratio is 30%. The company has

decided to expand production which is expected to increase sales by $70,000 and fixed expenses by $15,000. If these results occur, net operating income will ______. Multiple choice question. increase by $6,000 decrease by $27,000 increase by $21,000 decrease by $15,000
Business
1 answer:
Anna [14]3 years ago
3 0

Answer:

Increase by $6,000

Explanation:

Calculation to determine the net operating income

Using this formula

Net operating income=Expected sales increase ×Contribution margin ratio-Fixed expenses

Let plug in the formula

Net operating income=$70,000 x 30% - $15,000

Net operating income=$21,000-$15,000

Net operating income=$6,000 increase

Therefore the net operating income will increase by $6,000

You might be interested in
Choice is the largest employer in the Pacific Northwest. It is covered by numerous federal employment laws. As such, it is requi
hichkok12 [17]

Answer:

C) twelve weeks of unpaid family or medical leave during any twelve-month period.

Explanation:

The Family and Medical Leave Act of 1993 provides employees with temporary medical leave when:

  1. their child is born (or they adopt a child) and they must take care of him/her
  2. if their spouse (husband or wife), child under 18, or parent has a serious health condition
  3. when the employee himself/herself has a serious medical condition and cannot work

5 0
3 years ago
A trade surplus occurs when the value of imports is__________. A. less than the value of exports. B. government spending is less
Reika [66]

Answer: Option A

         

Explanation: In simple words, trade surplus refers to the economic condition under which a country's value of goods sold to other countries, that is, exports is greater than the value of goods it purchases from other countries ,that is, imports.

Trade surplus is seen as a positive indicator of economic growth as a country in surplus will behaving more money to invest in public core services and wont be spending their tax collections on interest and loans taken by international assignations such as IMF or world bank.

Hence from the above we can conclude that the correct option is A.

5 0
3 years ago
The rate of change is how fast the data is changing.<br><br><br> True<br><br> False
Tasya [4]

Answer:

true

Explanation:

i got it right edg 2020

8 0
3 years ago
Read 2 more answers
A firm run by a rational entrepreneur would want to hold inventories.<br> True<br> False
RUDIKE [14]
True
Because having inventories would mean the following:
1. Holding Inventory avoids loss of sales
2. Holding Inventory gains quantity discount
3. Holding Inventory reduces order cost 4. Achieve efficient production runs by holding inventory
5. Holding Inventory reduces risk of production shortages
4 0
3 years ago
Suppose you deposit $2,262.00 into an account today. In 11.00 years the account is worth $3,855.00. The account earned ____% per
zmey [24]

Answer:

4.97 %

Explanation:

Data and Calculation :

PV = - $2,262.00

N =  11.00

FV = $3,855.00

P/YR = 1

PMT = $0

I/YR = ? 4.97 %

THUS,

The account earned 4.97 % per year.

3 0
3 years ago
Other questions:
  • Zanda Corp. wants to have a process structure that has cost advantages similar to continuous or repetitive processes, but wants
    7·1 answer
  • Individuals frequently purchase products thought to be used by a desired group in order to achieve actual or symbolic membership
    5·1 answer
  • The Acmeville Metropolitan Bus Service currently charges $0.88 for an all-day ticket and is used by an average of 513 riders a d
    12·1 answer
  • Employees at Between the Rounds believe that the company is fair to all employees, regardless of their age, gender, race, ethnic
    14·1 answer
  • A(n) ____ is a separate, small, informal, highly autonomous, and often secretive group that focuses on breakthrough ideas for th
    12·1 answer
  • Assume that Simple Co. had credit sales of $258,000 and cost of goods sold of $158,000 for the period. Simple uses the aging met
    12·1 answer
  • 1. Nunes, Orta and Paulo are partners providing engineering services. Relevant data regarding income-sharing relationships and c
    7·1 answer
  • At the beginning of the year, your company borrows $33,600 by signing a six-year promissory note that states an annual interest
    6·1 answer
  • Which one of the following groups of accounts only have debit balances
    7·1 answer
  • Jack works for Red, Blue and Green CPAs. Each year Red, Blue and Green asks Jack to fill out a form indicating all of his financ
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!