FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 7 (4 Marks) Zainab Inc. reported sales of Rs.8,000,000 for the month and incurred variable expenses totaling Rs.5,400,000 and fixed expenses totaling Rs.1,440,000. The

image text in transcribed
Question 7 (4 Marks) Zainab Inc. reported sales of Rs.8,000,000 for the month and incurred variable expenses totaling Rs.5,400,000 and fixed expenses totaling Rs.1,440,000. The company has no beginning or ending inventories. A total of 80,000 units were produced and sold last month. What is the company's degree of operating leverage?(round your answer to 2 decimal places) (2 Marks) What would be percentage change in net income if the sales increased by 10%? (2 Marks)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Accounting Information Systems A Practictioner Emphasis

Accounting Information Systems A Practictioner Emphasis

Authors: Cynthia D. Heagy, Constance M. Lehmann

10th Edition

1891002821, 9781891002823

More Books

Students also viewed these Accounting questions

Question

★★★★★
Students in a large accounting class were asked to rate the course by assigning a score of 1, 2, 3, 4, or 5 to the course. A higher score indicates that the students received greater value from the...

Answered: 1 week ago

Question

★★★★★
A top fuel drag racer with a mass of 500.0 kg completes a quarter-mile (402 m) drag race in a time of 4.2 s starting from rest. The car's final speed is 125 m/s. What is the engine's average power...

Answered: 1 week ago

Question

★★★★★
=+a) Is this an observational or experimental study?

Answered: 1 week ago

Question

★★★★★
A 0.2-m-wide plate, 0.8 m long, is placed on the bottom of a shallow tank. The plate is heated, and maintained at a constant surface temperature of 60°C. Liquid water 12 cm deep flows over the...

Answered: 1 week ago

Question

★★★★★
Using logic gates, Boolean equations, or latches, create a circuit diagram for a binary calculator that completes the addition and subtraction of two four-digit inputs and outputs the result. Hint :...

Answered: 1 week ago

Question

★★★★★
5 2 7 5 7 4 2 5 5 4 6 5 7 2 5 5 6 5 2 4 4 4 6 4 2 4 4 6 3 4 2 5 3 6 6 2 3 3 6 6 6 5 4 3 2 5 6 4 3 3 5 3 2 2 5 5 6 3 6 2 7 3 4 3 4 2 The manager of Falcon Co. publishing company is curious about the...

Answered: 1 week ago

Question

★★★★★
1. What (at least 5-6) indicators of the Kerala, India, coir fiber industry should be evaluated and monitored? 2. How should the data/indicators be analyzed? 3.How should the data/indicators be...

Answered: 1 week ago

Question

★★★★★
If winemaking and branding is the industry, what is the major supply input? Who has more bargaining power with respect to this supplier type, old or new world winemakers?o Which has relatively better...

Answered: 1 week ago

Question

★★★★★
a) Most Singapore government construction tenders are awarded on the lowest cost win basis. Explain how that is a lose-lose situation for both the contractors and government b) Explain why...

Answered: 1 week ago

Question

★★★★★
how to automate a retraction system of any kind and is there a need for cables or magnetic relay for each systems? please indicate your references.

Answered: 1 week ago

Question

★★★★★
As the distribution center manager would you staff your facility at the minimum, average or maximum amount of equivalent staff which is derived by dividing the total throughput by the productivity...

Answered: 1 week ago

Question

★★★★★
You have seen in this chapter how technological changes have had a dramatic impact on HRD implementation. Discuss and answer the question: What are some new things concerning training implementation...

Answered: 1 week ago

Question

★★★★★
What do the Kraiger et al. and Holton models of evaluation add to evaluation that is not included in Kirkpatricks model? What benefit, if any, is there to viewing evaluation in this way?

Answered: 1 week ago

Question

★★★★★
Compare and contrast Kirkpatricks original evaluation framework to the Expanded Kirkpatrick Evaluation Framework presented in the text. What is similar, and what is different about them?

Answered: 1 week ago

Previous Question Next Question