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Ugo [173]
2 years ago
13

Bendel Incorporated has an operating leverage of 7.3. If the company's sales volume increases by 3%, its net operating income sh

ould increase by about:
Business
1 answer:
Svet_ta [14]2 years ago
6 0

Answer:

21.9%

Explanation:

Given that

Operating leverage = 7.3

Increase in sales  = 3%

According to the given situation, the computation of net operating income is shown below:-

Increase in operating income  = Operating leverage × Increase in sales

= 7.3 × 3 %

= 21.9%

Therefore for computing the increase in operating income we simply applied the above formula.

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Restore Construction Company enters into a contract to remodel Sam’s Home Store, agreeing to use only products from United Build
BlackZzzverrR [31]

Answer:

Sam’s Home Store can enforce the contract against Restore Construction Company

Explanation:

In contract law, only the parties involved in a contract can take action to enforce the contract. In this case Sam' Home Store signed the contract with Restore, so they can enforce it. Any third party beneficiaries from the contract, like United Building Supplies, are not entitled to enforce anything.

6 0
1 year ago
When you download and print the NCAA Basketball Tournament bracket (a paper to pick who you think will win the NCAA Men's Basket
Anni [7]

Answer:

2. Unilateral contract

Explanation:

Because in a unilateral, or one-sided, contract, one party, known as the offeror, makes a promise in exchange for an act (or abstention from acting) by another party, known as the offeree.

5 0
1 year ago
Which of the following statements is consistent with the ideas that W. Edwards Deming promoted regarding quality management? a.
a_sh-v [17]

Answer:

d. Understanding variation is essential to improving quality.

Explanation:

Deming develop a theory of variation. He said that is normal that business face changes and systems variate, but he specified that is essential for managers to identify and understand special and common causes of variation. He affirms that only managers have the authority to change the causes of variation and then they must to avoid repeated problems.

7 0
1 year ago
Abe receives a check from Bea for fixing Bea's car. Bea's bank is Bank B. Abe deposits the check into his bank, Bank A. Select a
pentagon [3]

Answer:

Bank A increases its reserves at the Federal Reserve Bank by more than the amount of the check.

Bank A increases Abe's checkable deposits by the amount of the check.

Total reserves in the banking system remain unchanged.

Explanation:

In the case when Abe received the check from bea in order to fixed out the bea car so here Bank A should increased the reserve that should be exceed the check amount

Also it increased the abe checkable deposit via the amount check and the total reserves should remain the same

These should be considered

3 0
1 year ago
Suppose the price of one share of a particular stock rose from $9.00 to $9.15 over the course of a year, and the stock paid a di
lianna [129]

Answer:

8.3%

Explanation:

total return on the share stock=(Increase in share price + dividend paid)/share price at beginning of the year

Total return on the share of stock=((9.15-9)+.6)/9

Total return on the share of stock=8.3%

4 0
2 years ago
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