Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 28, 2024

If sales amounted to $375,000, variable costs are 70% of sales, and operating income is $50,000, what is the operating leverage

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

Recommended Textbook for

Modern Auditing

Authors: William C. Boynton, Walter G. Kell, Raymond N. Johnson, Dr William Boynton

7th Edition

047118909X, 978-0471189091

More Books

Students also viewed these Accounting questions

Question

★★★★★

Assume the same facts as in Problem 24, except that the trust instrument allocates the capital gain to income. a. How much income is each beneficiary entitled to receive? b. What is the trust's DNI?...

Answered: 1 week ago

Question

★★★★★

RP-5 Which THREE of the following five factors have researchers found to have an effect on sexual orientation? a. A domineering mother b. The size of a certain cell cluster in the hypothalamus c....

Answered: 1 week ago

Question

★★★★★

Relate the material in the section on selfconcept to the material on career aspirations and to the material on social interactions. Focus on the struggle between commitment to ones own pursuits and...

Answered: 1 week ago

Question

★★★★★

Suppose the School Company has this book value balance sheet: The current liabilities consist entirely of notes payable to banks, and the interest rate on this debt is 10 percent, the same as the...

Answered: 1 week ago

Question

★★★★★

O Required information [The following information applies to the questions displayed below.) On June 30, Sharper Corporation's stockholders' equity section of its balance sheet appears as follows...

Answered: 1 week ago

Question

★★★★★

When shared access is allowed to a database, _ _ _ _ occurs when one user is updating a record ( or row ) in the database and another user is denied access to that table row. Group of answer choices...

Answered: 1 week ago

Question

★★★★★

Brainstorm how mental health and wellness professionals can enhance the success and longevity of nonprofit organizations in this field through effective budgeting practices. Consider the role of...

Answered: 1 week ago

Question

★★★★★

Question 9 Explain by means of what will you prepare the compressed air systems for service? (5)

Answered: 1 week ago

Question

★★★★★

Given that q(x) = 10x-6 2x-2 find (91) (6) using the Inverse Function Theorem. Note that q(3) = 6. (Do not include "(q) (6) =" in your answer.)

Answered: 1 week ago

Question

★★★★★

On January 1, 2024, Hobart Manufacturing Company purchased a drill press at a cost of $36,000. The drill press is expected to last 10 years and has a residual value of $6,000. During its 10-year...

Answered: 1 week ago

Question

★★★★★

1. Consider the series 2n+3 2n+5 Decide en en+1 n=1 [2 marks] whether it converges or diverges; if it converges, find the limit. 2. f(2) = 82-3n 27" n=1 Throughout it, let be the function defined by...

Answered: 1 week ago

Question

★★★★★

6. Keep a log of how you listen with technology. Is it easieror more difficult for you to select, attend, remember, understand, and respond? Compare your experiences with friends. Do some of your...

Answered: 1 week ago

Question

★★★★★

3. List ways to manage relationship dynamics

Answered: 1 week ago

Question

★★★★★

3. Practice listening with your eyes as discussed in this chapter. When you go to your next class, observe your instructor or whoever is speaking. Form an overall impression of the speaker from...

Answered: 1 week ago

Previous Question Next Question