Question 4A corporation has sales of $120,000, a contribution margin of $64,000, and a net operatingincome of $8,000. The company's degree of operating leverage is:12.5O 8.0O.12515.0PreviousNext3.45 ptsNot savedSubmit QuizLeamMinim

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Answered: Question 4 A corporation has sales of…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Ch. 5- Honeybaked Ham, Inc., produces various products for retail sale. For one of its products the company has estimated the following financial information for the month of December 2023. Sales (5000 units) Variable expenses Fixed expenses $ 500,000 275,000 125,000 The company's Degree of Operating Leverage (DOL) is closest to: 0.45 2.25 2.20 0.44
A4
QUESTION 24 Alpha Company has shown the following financial information: Sales: $4,500,000, Total assets: $1,800,000 Cost of capital: 15% Residual income: $90,000 The company’s return on investment is: A. 15% B. 18% C. 10% D. 12% E. 20%
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The following information relates to Day Company: Sales Revenue $12 000 000 Contribution Margin $ 4 800 000 Net Income $ 800 00 Days' operating leverage is
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dreams demstime dremstph %24 The co ired rate of is 15%. Requlred Information The following information applies to the questions displayed below.] Westerville Company reported the following results from last year's operations: $ 2,300,000 Sales Variable expenses Contribution margin Fixed expensesi 1,630,000 1,170,000 24 460,000 $ 1,437,500 Net operating income Average operating assets At the beginning of this year, the company has a $287,500 investment opportunity with the following cost and revenue characteristics: $ 460,000 Contribution margin ratio Fixed expenses 50% of sales $ 161,000 The company's minimum required rate of return is 15%. 9. If the company pursues the investment opportunity and otherwise performs the same as last year, what ROI will it earn this year? (Do not round Intermedlate calculations. Round your percentage answer to 1 declmal place (I.e., 0.1234 should be considered as 12.3).)
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Sales revenue is $11,250,000 Variable expenses is $2,500,000 Total expenses is $8,750,000 Operating income is $2,5000,000 How would you find the degree of operating leverage?
10. Use the information below provided by Angel Baby Angel Company: Sales 8,250,000.00 Operating costs 4,725,000.00 Operating income 3,525,000.00 Interest expense 1,750,000.00 Earnings before taxes 1,775,000.00 Taxes (40%) 621,250.00 Net income 1,153,750.00 WACC = 8%, Total invested capital 24,875,000. Calculate the EVA. (2 decimal places) Refer to Angel Baby Angel Company, what is its TIE ratio? Use 4 decimal places in your final answer.
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Question 4 A corporation has sales of $120,000, a contribution margin of $64,000, and a net operating income of $8,000. The company's degree of operating leverage is: 12.5 O 8.0 O.125 15.0 Previous Next 3.45 pts Not saved Submit Quiz Leam Minim