Question
7) JB Industries had the following results for the most recent period: Sales $10,000 Variable Costs $5,000 Fixed Costs $2,000 What was the Net Operating
7)
JB Industries had the following results for the most recent period:
Sales $10,000
Variable Costs $5,000
Fixed Costs $2,000
What was the Net Operating Income and Operating Leverage for JB Industries for the most recent period?
| a. | $3,000 net operating income, and 2.5x operating leverage |
| b. | $3,000 net operating income, and 1.67x operating leverage |
| c. | $5,000 net operating income, and 2.5x operating leverage |
| d. | $5,000 net operating income, and 1.67x operating leverage |
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Challenge Of Management Accounting Change
Authors: John Burns, Mahmoud Ezzamel, Robert Scapens
1st Edition
075066004X, 978-0750660044
