Can you help me with accounting questions Pine Corporation had the following income statement:DescriptionSalesAmount ($)75,000Less: Variable Costs (45,000)Contribution Margin 30,000Less: Fixed Costs (24,000)Net Income6,000Pine's operating leverage is:a. 5.000b. 1.250c. 3.125d. 4.167What is the correct answer?

Step 1: Definition of Operating LeverageOperating leverage measures how a company's net income…

Answered: Pine Corporation had the following…

FINANCIAL ACCOUNTING

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ISBN:9781259964947

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Chapter1: Financial Statements And Business Decisions

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genow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSession Lo... r Operating Leverage Teague Co. reports the following data: Sales Variable costs Contribution margin Fixed costs $480,000 264,000 $216,000 175,200 $40,800 Income from operations Determine Teague Co.'s operating leverage. Round your answer to one decimal place.
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For a certain company, the cost function for producing x items is C(x)=40x+200, and the revenue function for selling x items in R(x)=−0.5(x−80)2+3,200. The maximum capacity of the company is 110 items. The profit function P(x) is the revenue function R(x) (how much it takes in) minus the cost function C(x) (how much it spends). In economic models, one typically assumes that a company wants to maximize its profit, or at least make a profit!Assuming that the company sells all that it produces, what is the profit function?P(x)= Preview Change entry mode . Hint: Profit = Revenue - Cost as we examined in Discussion 3. What is the domain of P(x)?Hint: Does calculating P(x) make sense when x=−10 or x=1,000? The company can choose to produce either 40 or 50 items. What is their profit for each case, and which level of production should they choose?Profit when producing 40 items = Number Profit when producing 50 items = Number Can you explain, from our model, why the company makes less profit…
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Pine Corporation had the following income statement: Description Sales Amount ($) 75,000 Less: Variable Costs (45,000) Contribution Margin 30,000 Less: Fixed Costs (24,000) Net Income 6,000 Pine's operating leverage is: a. 5.000 b. 1.250 c. 3.125 d. 4.167 What is the correct answer?