Both Apple and Google sell electronic devices, and each of these companies has a different product mix.
Question:
Both Apple and Google sell electronic devices, and each of these companies has a different product mix. Assume the following data are available for both companies.
Required
1. Compute income for each company.
2. Compute the degree of operating leverage for each company.
3. If unit sales decline, which company would experience the larger decline in income?
Transcribed Image Text:
$ millions Apple Google Sales ... $260,174 $161,857 Variable costs..... 122,034 86,302 Fixed costs ... 82,884 41,212
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (10 reviews)
Income Sales Variable costs Fixed cost Apple Google Income 260174 12...View the full answer
Answered By
Marvine Ekina
Marvine Ekina
Dedicated and experienced Academic Tutor with a proven track record for helping students to improve their academic performance. Adept at evaluating students and creating learning plans based on their strengths and weaknesses. Bringing forth a devotion to education and helping others to achieve their academic and life goals.
PERSONAL INFORMATION
Address: , ,
Nationality:
Driving License:
Hobbies: reading
SKILLS
????? Problem Solving Skills
????? Predictive Modeling
????? Customer Service Skills
????? Creative Problem Solving Skills
????? Strong Analytical Skills
????? Project Management Skills
????? Multitasking Skills
????? Leadership Skills
????? Curriculum Development
????? Excellent Communication Skills
????? SAT Prep
????? Knowledge of Educational Philosophies
????? Informal and Formal Assessments
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Both Apple and Google sell electronic devices like phones and computers, and each of these companies has a different product mix. Required 1. Assume the following data are available for both...
-
The following data are available for Haul-It-Away Truckers: 1. Compute the predetermined overhead rate for each of the two years, if based on (a) Direct labor hours, (b) Number of moving jobs, and...
-
The following data are available for 2009, regarding the inventory of two companies: Compute inventory turnover and number of days' sales in inventory for both companies. Which company is handling...
-
An analyst predicted the following: 1. Sales of $1,276 million. 2. Core profit margin of 5 percent. 3. Asset turnover of 2.2. 4. Core other operating income and unusual items are zero. The firm's...
-
A 25 kg steel tank initially at 10oC is filled up with 100 kg of milk (assume properties as water) at 30oC. The milk and the steel come to a uniform temperature of + 5oC in a storage room. How much...
-
Pat Statsdud, a student ranking near the bottom of the statistics class, decided that a certain amount of studying could actually improve final grades. However, too much studying would not be...
-
As an auditor, discuss any concerns that you would have, and any actions that you would take, in the following situation: You are conducting substantive tests on the accounts receivable file to...
-
Sun Company is trying to determine the value of its ending inventory as of March 31, 2014, the companys year-end. The following transactions occurred, and the accountant asked your help in...
-
Given the indicated maturities listed in the following table, assume the following yields for US Treasury securities: Maturity (Years) Yield (%) 1 5 10 20 30 3.6 5.5 5.5 4.2 4.0 On the following...
-
A spreadsheet containing financial statements for Mens Wearhouse, Inc., for fiscal years 20062010 is available for download from McGraw-Hills Connect or your course instructor. MEN'S WEARHOUSE INC....
-
Following are costs for eight different items. Costs are shown for three different levels of units produced and sold. Classify each of the eight cost items as either variable, fixed, or mixed. Costs...
-
The following costs result from the production and sale of 12,000 LEGO sets manufactured by LEGO Company for the year ended December 31. The LEGO sets sell for $20 each. Required 1. Prepare a...
-
Mohrs circle for the state of stress is shown in Fig. 917a. Show that finding the coordinates of point P (sx, txy) on the circle gives the same value as the stress transformation Eqs. 91 and 92.
-
Consider 1 Peter 4:10, "Each of you should use whatever gift you have received to serve others, as faithful stewards of God's grace in its various forms" (New International Version), and1 Corinthians...
-
Discuss the implications of the Onsager reciprocal relations in the context of non-equilibrium thermodynamics, particularly concerning the interplay between dissipative processes and symmetry...
-
Scenario.Samtakes his job as a science writer seriously, or at least does his best to take his job seriously, but he's also serious about his social life. Though Sam is inherently shy and avoids...
-
What are two different capital budgeting techniques can a company use for new projects. Provide an example of how can a company benefit from using each of the two different budgeting techniques? Are...
-
Use the appropriate function in Excel to answer the following question. How much money would you have in a savings account at the end of 5 years if the following assumptions were true? You make...
-
Lenora and Sam are married and file a joint tax return. Lenora has $180,000 in salary and Sam has $190,000 in self-employment income in 2016. How much must they pay for their additional Medicare tax?
-
The manager of a local convenience store is expanding his line of small toy items. To price these new items, the manager is looking at the prices being charged by competing retailers in his area. For...
-
Bellvue Company issues 10%, five-year bonds, on December 31, 2010, with a par value of $100,000 and semiannual interest payments. Use the following straight-line bond amortization table and prepare...
-
On July 1, 2011, Jackson Company exercises a $5,000 call option (plus par value) on its outstanding bonds that have a carrying value of $208,000 and par value of $200,000. The company exercises the...
-
On January 1, 2011, the $1,000,000 par value bonds of Gruden Company with a carrying value of $1,000,000 are converted to 500,000 shares of $0.50 par value common stock. Record the entry for the...
-
Encuentre las partidas que se estn omitidas en el siguiente resumen de declaracin de impuestos. a. Ingreso Bruto $42,685 b. Ajustes al ingreso $3,670 c. Ingreso Bruto Ajustado ? d. Deducciones $8,978...
-
A business employs other individuals, which of the following, paid out of its own funds as an employer, can be deducted as expenses? Question 9Select one: a. Social Security (FICA) b. Medicare c....
-
Vito's investment fund is not doing so well and there is mounting pressure to show results of growth in his fund. He decides to invest in obscure penny stocks and started spreading over exaggerated...
Study smarter with the SolutionInn App