Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 25, 2024

The current net income is 4 5 0 0 0 . If sales volume decreases by 2 5 % and the variable expenses per unit

The current net income is

45000 .

If sales volume decreases by

25 %

and the variable expenses per unit increeases by

15 %

net income is exlected to

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

Principles Of Food Beverage And Labor Cost Controls

Authors: Paul R. Dittmer, J. Desmond Keefe

8th Edition

0471429929, 978-0471429920

More Books

Students also viewed these Accounting questions

Question

★★★★★

According to the Census Bureau, 3.13 people reside in the typical American household. A sample of 25 households in Arizona retirement communities showed the mean number of residents per household was...

Answered: 1 week ago

Question

★★★★★

Required information Problem 6-1A (Algo) Calculate ending inventory and cost of goods sold for four inventory methods (LO63) [The following information applies to the questions displayed below.]...

Answered: 1 week ago

Question

★★★★★

Let Xi,i 1, be independent random variables with p j = P{X = j}, j 1. If p j = j/10, j = 1, 2, 3, 4, find the expected time and the variance of the number of variables that need be observed until the...

Answered: 1 week ago

Question

★★★★★

Public-sector unions now account for more than half of union members, while the private sector accounts for less than half. Why has this change occurred?

Answered: 1 week ago

Question

★★★★★

Apparently my answer is wrong. Please help me correct it. Brief Exercise 9-17 Record early retirement of bonds issued at a premium (1O9-7) Premi Pizza tiesits 6% bonds for S68 000 before their...

Answered: 1 week ago

Question

★★★★★

Define the national debt. How much is it currently? Is it good or bad for our economy, in your opinion? Do you have any solutions to either lowering it or eliminating it?

Answered: 1 week ago

Question

★★★★★

Record the following transactions in proper journal entry format on the General Journal form provided. Date Dec Transaction 1 James Spartan invested $20,000 in Spartan Repair Services. 10 5 6 220 25...

Answered: 1 week ago

Question

★★★★★

600 lb 20 0.5 ft 30 30 5 ft

Answered: 1 week ago

Question

★★★★★

Problem 1: The nonlinear model of the Skydiver is given by: dv dt = 9 m The exact solution of the expression is gm gc v(t) = tanh m where g = 9.81 m/s, c = 0.25 kg/s, t = 4s, and v = 36 m/s. Use the...

Answered: 1 week ago

Question

★★★★★

Consider the following scenario: I am an architect who has decided to start her own architectural practice. As an architect, I use both practical and theoretical knowledge into the technical design...

Answered: 1 week ago

Question

★★★★★

BJ Enterprise has inspected the work done by its employee yesterday. 8 staff production staff have been chosen as samples. 50 products produced by each sample have been examined and defects found are...

Answered: 1 week ago

Question

★★★★★

1. Chip Conley, founder of Joie de Vivre Hospitality, believes that most companies frame their financial incentives in the wrong way. Explain what he means. What does JDV do differently?

Answered: 1 week ago

Question

★★★★★

1. Do you think Angelo is underperforming as a result of motivation or something else, such as the need for improved training? How would you find out?

Answered: 1 week ago

Question

★★★★★

2. Is it a good idea to give someone who is underperforming a raise? Does it send the wrong signal, insofar as it seems to suggest that poor performance leads to rewards?

Answered: 1 week ago

Previous Question Next Question