41&42

3 points QUESTION 41 Selected financial information for Doors, Inc. is given below: Sales - $5,000,000 Variable expenses $2,000,000 Fixed expenses = $1,000,000 What is the company's operating leverage? Oa. 1.5 Ob.3.0 Oc.2.0 Od.0.6 QUESTION 42 3 points Save Westminster Clock Company has budgeted sales on account of $1,000,000 in April and $1,500,000 in May. Based on past experience, the company expects that 40% of a month's sales are collected in that month and 60% are collected in the month following the sale. Bad debts are negligible. How much would Westminster expect to collect in May? a $1,500,000 Ob. $1,200,000 Oc $600,000 d. $1,300,000