Kingston Enterprises sells a single product. Its annual revenue is $1,400,000, and profit is $75,000. Fixed costs amount to $320,000. What is its operating leverage?
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- Morgan & Co. sells a single product. Its annual revenue is $1,500,000 and profit is $80,000. Fixed costs amount to $320,000. What is its operating leverage?What are the required sales?Hamilton Manufacturing sells a single product. Its annual revenue is $1,500,000, and its profit is $75,000. Fixed costs amount to $325,000. Compute Hamilton's operating leverage.
- what will the pretax income equal if sales are..... ?Carter Corporation has fixed costs of $1,800,000, and variable costs are 45% of sales. What are the required sales if Carter Corporation desires a net income of $200,000? AnswerOrion Co. wants to earn a net income of $250,000. The company has fixed costs of $800,000, and its variable costs are 70% of sales. What amount of sales is required to achieve the desired net income?
- Carter Corporation has fixed costs of $1,800,000, and variable costs are 45% of sales. What are the required sales if Carter Corporation desires a net income of $200,000???Gimpy Corp. has variable costs that are 75% of sales, current sales of $800,000, and fixed costs of $150,000. What is the required sales amount to achieve a $85,000 net income? Answer