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Finger [1]
1 year ago
14

The growth of industrial manufacturing affected skilled tradesmen by:.

Business
1 answer:
alina1380 [7]1 year ago
8 0

answer:

removing control of their labor and their sense of independence.

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Why microeconomics is useful in business decision making? Explain​
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Given the following financial data for Boston Technology, compute the firmâs degree of combined leverage.
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Answer:

For year 2010

Degree of combined leverage is 3.82

For year 2011

Degree of combined leverage is 4.11

Explanation:

Computing the degree of combined leverage of the firm with the formula stated below as:

Degree of combined leverage = Contribution margin / EBT

where

Contribution margin is computed as:

Contribution margin = Sales - Variable Cost

EBT (Earnings Before tax) is computed as:

EBT = EBIT - Interest

Now, computing the same by applying the formula:

For year 2010

Contribution margin = $700,000 - $406,000

= $294,000

EBT = $119,000 - $42,000

= $77,000

Degree of combined leverage = $294,000 / $77,000

= 3.82

For year 2011

Contribution margin = $760,000 - $448,000

= $312,000

EBT = $122,000 - $46,000

= $76,000

Degree of combined leverage = $312,000 / $76,000

= 4.11

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3 years ago
Improvement Planning is part of the __________ process:
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2 years ago
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