Question
he following are financial data of Ofra Ltd. (hereinafter the Company) for the year 2021: The amount of units sold 3,000.00 Selling price per unit
he following are financial data of Ofra Ltd. (hereinafter "the Company") for the year 2021:
The amount of units sold | 3,000.00 |
Selling price per unit | 82.00 |
Average cost varies per unit | 30.00 |
Fixed costs | 37,440.00 |
A. The rate of confidence margin and the degree of operational leverage in 2021 are (approximately):
1- Security margin rate - 55%, operational leverage rate - 1.15 .
2- Security margin rate - 76%, operational leverage rate - 1.32 .
3- Confidence margin rate - 80%, operational leverage rate - 1.50 .
4- All other answers are incorrect .
5- Confidence margin rate - 25%, operational leverage rate - 2.33
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started