Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 29, 2024

The Poseidon Swim Company produces swim trunks The average selling price for one of their swim trunksis $66.71 The variable cost per unit is $24.78

The Poseidon Swim Company produces swim trunks The average selling price for one of their swim trunksis $66.71

The variable cost per unit is $24.78 Posiedon Swim has an average fixed cost per year of $7,143.

Assume that current level of sales is 491 units.

What will be the resulting percentage changein EBIT if they expect units sold to changeby 8.1 percent (You should calate the degree of operating lerage firts)

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 Project Finance

Authors: E. R. Yescombe

2nd Edition

0123910587, 9780123910585

More Books

Students also viewed these Finance questions

Question

★★★★★

(a) Obtain the equations of motion of the system shown in Figure. Assume small angles. The spring is at its free length when 1 = 2 = 0. (b) For the values m1 = 1 kg, m2 = 4 kg, k = 10 N/m, L1 = 2 m,...

Answered: 1 week ago

Question

★★★★★

13.8 Qwest Communications agreed to sell its slow but steadily growing yellow pages business, QwestDex, to a consortium led by the Carlyle Group and Welsh, Carson, Anderson, and Stowe for $7.1...

Answered: 1 week ago

Question

★★★★★

Define common types of statistics used for quantitative data analysis, describe rationale for choosing among them, and identify computer software for quantitative analysis.

Answered: 1 week ago

Question

★★★★★

Two circular coils of radius R, each with N turns, are perpendicular to a common axis. The coil centers are a distance R apart. Each coil carries a steady current I in the same direction, as shown in...

Answered: 1 week ago

Question

★★★★★

Alternative Inventory Methods Garrett Company has the following transactions during the months of April and May: Date Transaction Units Cost / Unit April 1 Balance 3 0 0 1 7 Purchase 2 0 0 $ 5 . 4 0...

Answered: 1 week ago

Question

★★★★★

Megabucks is a lottery game played in Massachusetts with the following rules. A random drawing of 6 numbers out of all 36 numbers from 1 to 36 is made every Wednesday and every Saturday. The game...

Answered: 1 week ago

Question

★★★★★

X Company must purchase a new delivery truck and is using the payback method to evaluate two possible trucks. Truck 1 costs $35,000; Truck 2 costs $48,000. The useful life of both is seven years,...

Answered: 1 week ago

Question

★★★★★

Write a 175- to 350-word email that you could send to classmates informing them of the important points of the NHA exam and how to plan to sit for the exam. Address the following in your email: What...

Answered: 1 week ago

Question

★★★★★

10. According to the Harvard Business Review article "The Secrets of Great Teamwork," which one of the following is true? (5 Points) A compelling mission statement and vision are more important than...

Answered: 1 week ago

Question

★★★★★

Explain the basic tradeoff a state makes when it tightens regulations on licenses for physicians, pharmacists, or any other professionals. What are the costs and benefits?

Answered: 1 week ago

Question

★★★★★

Starting from your project idea, generate the complete structure of the Technical Title Project document, developing the "Preliminary or presentation section", corresponding to the contents of unit...

Answered: 1 week ago

Question

★★★★★

4.49 Mr. Williams deposits $200 in the bank at the end of each quarter. If the bank pays 6% per year. compounded quarterly. how much money will Mr. Williams have accumulated at the end of 12 years?...

Answered: 1 week ago

Question

★★★★★

There is controversy about the effectiveness of EAPs and the constructive confrontation approach in treating alcohol abuse. Present the positions supporting both sides of the argument. Given what you...

Answered: 1 week ago

Question

★★★★★

Answered: 1 week ago

Question

★★★★★

Create or provide a current, up-to-date resume that accurately portrays your current educational and professional accomplishments. This answers the question, Where am I now?

Answered: 1 week ago

Previous Question Next Question