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poizon [28]
2 years ago
11

Leftie Corporation has provided the following contribution format income statement. The following information is within the rele

vant range. Sales (2,000 units) $ 120,000 Variable expenses 90,000 Contribution margin 30,000 Fixed expenses 16,500 Net operating income $ 13,500 Using the degree of operating leverage, the estimated percent increase in net operating income as the result of a 10% increase in sales is closest to: (Round your intermediate calculations to 1 decimal place.)
Business
1 answer:
strojnjashka [21]2 years ago
3 0

Answer:

22.2%

Explanation:

The computation of the estimated percent increase in net operating income is shown below:

The degree of operating leverage is

= Contribution margin ÷ net operating income

= $30,000 ÷ $13,500

= 2.22%

Now if it increased by 10%

So, the percentage increase in

= 2.22% × 10

= 22.2%

Hence, the estimated percentage increase in net operating income is 22.2%

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A population gathers plants and animals for survival. They need at least 360 units of​ energy, 300 units of​ protein, and 8 hide
stellarik [79]

Answer:

0 units of plants and 18 animals.

Explanation:

From the information provided, we know that this population must hunt at least 8 animals, to obtain the hides necessary to survive. When hunting such a quantity of animals, they would also obtain 160 units of energy and 200 units of protein. In terms of costs, this equals 80 hours of labor.

How can the population obtain the additional 200 units of energy and 100 of protein they need to live? They have two options: gather plants or keep hunting animals, of course, respecting the available quantities.

In the former case, at least 10 units of a plant would have to be gathered, this is the only way to obtain the additional units of energy and protein they are looking for. With 8 animals and 10 units of plants, they would have 460 units of energy, 300 of protein and 8 hides, and would have to invest 280 hours of labor.

If the population decided to reduce labor by gathering fewer plants (which is the activity that requires more time) but hunting the same amount of animals, it would obtain 430 units of energy, 290 units of protein and 8 hides. That means that it would not survive because it would not meet the requirement of 300 proteins.

Therefore, the only way to reduce hours of labor without risking survival would be gathering fewer plants but hunting more animals. Following this logic, the optimal amount would be 18 animals and 0 units of plants, as this would allow people to obtain the necessary resources to survive at the minimum cost in terms of labor. Furthermore, it would fit the physical limit of 27 units of plants and 23 animals. This combination would allow to obtain 360 units of energy, 450 of protein and 18 hides by investing only 180 hours of labor.

The attached image shows what happens when the quantity of animals is increased and that of plants is decreased until reaching the optimal combination of 18 animals and no units of plants.

4 0
2 years ago
Which of the following statements is true regarding self-managed work teams?A) Self-managed work teams typically consist of fort
Maslowich

Answer: E

Explanation:Self-managed work teams represent an approach to organizational design that goes beyond quality circles or ad hoc problem-solving teams. These teams are natural work groups that work together to perform a function or produce a product or service. They not only do the work but also take on the management of that work functions formerly performed by supervisors and managers. This allows managers to teach, coach, develop and facilitate rather than simply direct and control. In a self Self-managed work teams there’s decrease position take on supervision .

4 0
2 years ago
After nearly 30 years of growth, sales at Ida's company have begun to decline. None of the managers have been able to determine
MariettaO [177]

Answer:

unstructured problem

Explanation:

According to my research on different types of business problems, I can say that based on the information provided within the question this is an example of an unstructured problem. These are defined as problems that do not have an identified cause and can be difficult to identify or solve. Which is what seems to be the case in this scenario since nobody knows why sales have decline.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

7 0
2 years ago
Which entities constitute the primary and secondary stakeholders of a business, respectively? __________ are some of the primary
horsena [70]
The correct answers are as follows:
1. The primary stakeholders of a business are defined as those individuals who engage internally in economic transactions with the company. Primary stakeholders have direct interests in the company and they are affected by the policies, objectives and the actions of the company.
Secondary stakeholders are those individuals who do not have direct interest in the company.
2. SHAREHOLDERS AND CUSTOMERS are some of the primary stakeholders of a business. Other examples of primary stakeholders are: suppliers, creditors, employees, investors, etc.
The primary stakeholders of a company depend on the financial well being of the company for their own benefits and the company also depends on their efforts in order to succeed.
3. THE GENERAL PUBLIC AND THE COMMUNITY IN WHICH A COMPANY IS LOCATED are some of the secondary stakeholders of a business. Other examples of secondary stakeholders are: the media, business support groups and activist groups.
It is very important for a company to identify and work with its secondary stakeholders. Companies who recognize and cooperate with their secondary stakeholders usually achieve good reputation and goodwill and always get supports for their expansionary efforts.
3 0
2 years ago
Read 2 more answers
Jack is considering adding toys to his general store. He estimates the cost of toy inventory will be $4,200. The remodeling and
Nata [24]

Answer:

No. The payback period is 3.8 years

Explanation:

The payback period measures how long it takes for the amount invested in a project to be recovered from the cumulative cash flows.

The amount invested = $4,200 + $1,500 = $5,700

Please check the attached image for an explanation on how the payback period was calculated.

Pay back period = 3 years + 1400/1750 = 3.8 years.

3.8 years is greater than the required 3 years Payback period. Therefore, Jack shouldn't accept the project.

I hope my answer helps you

7 0
2 years ago
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