If sales increase from $100,000 per year to $150,000 per year, and the operating leverage is 4, then net income should increase by: A. 200% B. 150% C. 300% D. 250%

Q: What is it's ROE on these financial accounting?

A: To calculate the Return on Equity (ROE), we use the formula: ROE = Profit Margin × Asset Turnover ×…

Q: What is the unit product cost for the month under variable cost????

A: Step 1: Definition of Variable CostingVariable Costing is a costing method in which only variable…

Q: For 2014 moss corporation reported net income of solve this question correct answer general…

A: Step 1: Define Earnings Per ShareAside from the fact that the earnings per share (EPS) amount…

Q: Compute for the month of June

A: Explanation of Direct Materials Used:Direct Materials Used refers to the cost of raw materials…

Q: Answer please

A: To calculate the depreciation expense for 2016 and the net book value of the equipment at December…

Q: Cash study

A: A data breach involving sensitive financial information may significantly impact the financial…

Q: What is the corporations taxable income? General accounting

A: Step 1: Definition of Passive LossA passive loss refers to a financial loss incurred from activities…

Q: Financial Account

A: To determine the break-even quantity, we need to find the number of units where the total cost of…

Q: NO WRONG ANSWER

A: Explanation of Predetermined Overhead Rate: This is a calculated rate established before the…

Q: GENERAL ACCOUNT

A: Direct Material Price Variance (DM Price Variance):The direct material price variance measures the…

Q: ?

A: Explanation of Absorption Costing: Absorption costing is a method that includes all manufacturing…

Q: Photo Framing's cost formula for its supplies cost is $1,975 per month plus $24 per frame. For the…

A: Explanation of Flexible Budget Supplies Cost:The flexible budget supplies cost represents the…

Q: Financial accounting question

A: Step 1: Define Annualized Rate of ReturnThe annualized rate of return measures the annual profit…

Q: Answer this general Accounting Question

A: Given:Free cash flow (FCF) = $59.1 millionInvestment in operating capital = $42.1 millionTaxes =…

Q: Need help with this accounting question

A: Step 1: Formula DOL = % Change in operating income/% Change in Sales% Change in operating income =…

Q: ?!

A: The learning curve concept primarily suggests that unit costs decrease with experience. This…

Q: The degree of operating leverage is

A: Concept of Contribution Margin: The contribution margin is the amount remaining from sales revenue…

Q: Provide general account answer

A: Correct Answer: b. preset costs for delivering a product or service under normal conditions…

Q: Problem related to financial accounting: Meric Mining Inc. recently reported $16,300 of sales,…

A: Step 1: Net income before interest and taxes Net income before interest and taxes = Sales -…

Q: Question

A: To determine the beginning work in process (WIP) balance for Neji Company, we use the formula for…

Q: quick answer of this accounting question

A: Step 1: Definition of Direct Materials CostDirect materials cost refers to the cost of raw materials…

Q: General accounting

A: Step 1: Annual Coupon Payment• Calculate the annual coupon payment using face value and coupon…

Q: Financial Accounting

A: Step 1: Define Taxes PaidTaxes paid refer to the amount a company owes to the government based on…

Q: General Accounting

A: Step 1: Define ErosionErosion refers to the reduction in the sales or profits of an existing product…

Q: For Eckstein Company, the predetermined overhead rate is 118% of direct labor cost. During the…

A: Explanation of Manufacturing Overhead Applied:Manufacturing overhead applied is the estimated…

Q: Financial accounting question

A: Step 1: Define Company's ProfitabilityIn management accounting, the company's profitability can be…

Q: The contribution margin ratio is calculated as how? a) Gross margin divided by sales b) Operating…

A: Explanation of Contribution Margin: This represents the amount of sales revenue remaining after…

Q: General accounting

A: Step 1: Definition of Investing ActivitiesInvesting activities involve transactions related to the…

Q: ??

A: To calculate the gross profit rate, we use the following formula:Gross Profit Rate=(Gross Profit /…

Q: It's net sales equal

A: To calculate net sales, use the following formula: Net Sales = Cash Sales + Credit Sales - Sales…

Q: Expert need your advice

A: The cash flow cycle (or cash conversion cycle) is calculated using the formula: Cash Conversion…

Q: Provide correct answer general Accounting

A: Step 1:First, calculate the total assets: Total assets = Current assets + Property, plant and…

Q: Can you please solve this general accounting question?

A: Step 1: Define Payroll AccountingPayroll accounting involves recording employee compensation,…

Q: Common equity solve this accounting questions

A: Step 1: Cost of Common Equity (Using the Dividend Discount Model)The formula for the cost of common…

Q: What is the degree of opereting leverage?

A: Step 1: Total sales revenue.= units sold x selling price per unit= 1,000 x $60= $60,000 Step 2:…

Q: Equipment with a cost of $200,000 has accumulated depreciation of $100,000. What is the book value…

A: Concept of Cost of EquipmentThe cost of equipment refers to the total amount paid to acquire an…

Q: Compute labor variances?

A: Explanation of Labor Rate Variance: This represents the difference between the actual labor rate…

Q: During the month of March, Neji Company used $32,800 of direct materials and incurred $46,100 of…

A: Explanation of Beginning Work in Process (WIP):Beginning Work in Process (WIP) refers to the value…

Q: Target costing calculated cost

A: Explanation of Target Costing:Target costing is a pricing strategy that starts with determining the…

Q: give me correct answer accounting

A: Step 1: Definition of Expired Insurance AdjustmentExpired insurance refers to the portion of prepaid…

Q: 1.  Lazuli Incorporated manufactures two models of cameras that can be used as cell phones, MPX, and…

A: Step 1: Introduction to ABC CostingABC costing, or activity-based costing, is a cost accounting…

Q: Subject : Financial accounting

A: Explanation of Net Income:Net income is the amount of profit a company earns after deducting all…

Q: General Accounting Question please answer

A: Step 1: Identify the fine amount that should have been accrued: $300,000.Step 2:   Determine the tax…

Q: ?? Financial accounting question

A: Step 1: Define Price earning RatioThe price earning ratio is a financial ratio that compares the…

Q: If annual demand is 24,000 units, orders are placed every 0.5 months, and the cost to place an order…

A: Explanation of Annual Demand: Annual demand represents the total quantity of units that a company…

Q: What is price printing company's return on equity?

A: To calculate Price Printing Company's **Return on Equity (ROE)**, we use the…

Q: Answer this below Question

A: Concept of Original CostThe original cost of an asset refers to the amount paid to acquire it,…

Q: What is the project's profitability Index of this financial accounting question?

A: Step 1: Define Profitability Index (PI)The Profitability Index (PI) measures the relative…

Q: Can you please answer this general account query.??

A: To calculate the variable overhead spending variance, we use the formula: Variable Overhead Spending…

Q: Find out

A: (a) Costs increase with productionThis is untrue since the learning curve indicates that efficiency…