Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 08, 2024

Using math to prove If Degree of Operating Leverage (DOL) = 2 , 3 , 4 Why sales increase 10% Why net income = 20%

Using math to prove

If Degree of Operating Leverage (DOL) = 2 , 3 , 4

Why sales increase 10%

Why net income = 20% , 30% , 40%

use Math to prove it DoL=2;3 x Sales 1. 10% Why Net Income Net Inc 20% 3% 4%

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

English For Accounting And Auditing Students Book

Authors: Dejan Arsenovski

1st Edition

869212253X, 978-8692122538

More Books

Students also viewed these Accounting questions

Question

★★★★★

Following is a list of various costs incurred in producing and selling college textbooks. With respect to the production and sale of textbooks, classify each cost as either variable, fixed, or mixed....

Answered: 1 week ago

Question

★★★★★

3. A waitperson at Good Cooking Diner is a tipped employee. What are the two ways that this employer might compute overtime earnings regarding tip income?

Answered: 1 week ago

Question

★★★★★

Recognize the methods humans use to solve problems and how humans are also hindered by those same problem-solving methods.

Answered: 1 week ago

Question

★★★★★

For each of the organizational forms shown below, who determines what resources are needed, when they are needed, and how they will be employed? Who has the authority and responsibility to mobilize...

Answered: 1 week ago

Question

★★★★★

The following information pertains to the first year of operation for Crystal Cold Coolers Inc.: Number of units produced Number of units sold Unit sales price Direct materials per unit Direct labor...

Answered: 1 week ago

Question

★★★★★

ABC Company is Preparing budgets for the first quarter in 2021. The Budget for the the following months are: January 2021 1,010 Units February 2021 1,432 Units March 2021 1,521 Units April 2021 1,712...

Answered: 1 week ago

Question

★★★★★

Economic Order Quantity Self- Quiz Problem P=$5 D=20,000 O=$10 I=10% H= $.75 The hospital has only $90,000 budgeted for the product. What is the new price the hospital must negotiate with the vendor...

Answered: 1 week ago

Question

★★★★★

*Remember to read at least 50% of your classmates posts. 1. Use inference* to identify the possible strengths of the family. 2. Use inference* to identify the possible challenges of the family. 3....

Answered: 1 week ago

Question

★★★★★

A catalog company that receives the majority of its orders by telephone conducted a study to determine how long customers were willing to wait on hold before ordering a product. The length of time...

Answered: 1 week ago

Question

★★★★★

Setting the objective You need to decide which model to manufacture. What do you ultimately need to find out before taking this decision? Which model is likely to sell more? Which model has a higher...

Answered: 1 week ago

Question

★★★★★

4. Compute gross profit earned by the company for each of the four costing methods. For specific identification, units sold include 130 units from beginning inventory, 260 units from the March 5...

Answered: 1 week ago

Question

★★★★★

Visit the Postal Service website (www.usps.com) or your local post office to learn the difference between certified mail and registered mail.Then, address an envelope (or paper cut to the appropriate...

Answered: 1 week ago

Question

★★★★★

What benefits can be gained from an effective sales appeal in an adjustment message? (Objective 4)

Answered: 1 week ago

Question

★★★★★

Teamwork. Form teams of three students and design a brochure that could be used to welcome new students to your college.Be prepared to promote your brochure in a class contest. (Objective 5)

Answered: 1 week ago

Previous Question Next Question