A company has $800,000 fixed costs and $150,000 depreciation and expects to generate $300,000 in profits. What is its DOL? a. 3.50 b. 3.17 c. 4.17 d. 3.83
A company has $800,000 fixed costs and $150,000 depreciation and expects to generate $300,000 in profits. What is its DOL? a. 3.50 b. 3.17 c. 4.17 d. 3.83
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter14: Decentralized Operations
Section: Chapter Questions
Problem 3SEQ: Division A of Kern Co. has sales of $350,000, cost of goods sold of $200,000, operating expenses of...
Related questions
Question
i want to this question answer of this General accounting question

Transcribed Image Text:A company has $800,000 fixed costs and $150,000
depreciation and expects to generate $300,000 in profits.
What is its DOL?
a. 3.50
b. 3.17
c. 4.17
d. 3.83
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps

Recommended textbooks for you

Survey of Accounting (Accounting I)
Accounting
ISBN:
9781305961883
Author:
Carl Warren
Publisher:
Cengage Learning

Survey of Accounting (Accounting I)
Accounting
ISBN:
9781305961883
Author:
Carl Warren
Publisher:
Cengage Learning