If profits decrease by 6% and the degree of operating leverage is 2.5, what percentage change in sales occurred?
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- which of the following occurs if a company decreases its selling price per unit? a. net income increase b. more than one of the answers would occur c. contribution margin ration increase d. break even point increase e. contribution magrin increaseAssume that the following ratios are constant. Total asset turnover 1.37, profit margin 6.9%, equity multiplier 1.7, payout ratio 57%. What is the sustainable growth rate?When sales volume increases, which company will experience a larger percentage increase in profit: company X, which has mostly fixed expenses, or company Y, which has mostly variable expenses?
- Which one of the following factors would cause the gross profit % to rise? A. Increasing sales B. Increasing costs C. Increased competition D. Increased supplier discountsChange in operating income = change in sales dollars x contribution margin What is the equation for the "change in sales dollars"?When the sales price per unit decreases, the contribution margin per unit A. decreases B. increases OC. increases proportionately OD. remains the same 13
- assuming the following ratios are constant, what is the growth rate? Total asset turnover 1.7 Profit margin0.072 Total assets/Equity = 2.15 Payout ratio0.42Which of the following is true regarding the contribution margin ratio of asingle product company? a. As fixed expenses decrease, the contribution margin ratio increases b. The contribution margin ratio increases as the number of units sold increase c. The contribution margin ratio multiplied by the variable expense per unit equals thecontribution margin per unit d. If sales increase, the peso increase in net operating income can be computed bymultiplying the contribution margin ratio by the peso increase in salesWhat is the profit margin on these general accounting question?
