please answer within the format by providing formula the detailed workingPlease provide answer in text (Without image)Please provide answer in text (Without image)Please provide answer in text (Without image) Asha Inc. and Samir Inc. have the following operating data:Asha Inc.SalesVariable costsContribution marginFixed costsOperating incomea. Compute the operating leverage for Asha Inc. and Samir Inc. If required, round to one decimal place.Asha Inc.Samir Inc.Asha Inc.Samir Inc.DollarsSamir Inc.$157,000(63,000)$94,000(47,000)$47,000c. The difference in the increaseshigherSamir Inc.'s.b. How much would operating income increase for each company if the sales of each increased by 10%? If required, roundanswers to nearest whole number..$437,500(262,500)$175,000(50,000)$125,000Percentage%%✓of operating income is due to the difference in the operating leverages. Asha Inc.'soperating leverage means that its fixed costs are a larger ✔percentage of contribution margin than are

Sales Variable costs Contribution margin Fixed costs Asha Inc. $157,000 (63,000) $94,000 (47,000) $47,000 Asha Inc. Samir Inc. Samir Inc. $437,500 (262,500) $175,000 (50,000) $125,000 Operating income a. Compute the operating leverage for Asha Inc. and Samir Inc. If required, round to one decimal place. Asha Inc. Samir Inc. b. How much would operating income increase for each company if the sales of each increased by 10%? If required, round answers to nearest whole number. Dollars Percentage % % c. The difference in the increases ✓of operating Income is due to the difference in the operating leverages. Asha Inc.'s higher ✓operating leverage means that its fixed costs are a larger ✓percentage of contribution margin than are

Sales Variable costs Contribution margin Fixed costs Asha Inc. $157,000 (63,000) $94,000 (47,000) $47,000 Asha Inc. Samir Inc. Samir Inc. $437,500 (262,500) $175,000 (50,000) $125,000 Operating income a. Compute the operating leverage for Asha Inc. and Samir Inc. If required, round to one decimal place. Asha Inc. Samir Inc. b. How much would operating income increase for each company if the sales of each increased by 10%? If required, round answers to nearest whole number. Dollars Percentage % % c. The difference in the increases ✓of operating Income is due to the difference in the operating leverages. Asha Inc.'s higher ✓operating leverage means that its fixed costs are a larger ✓percentage of contribution margin than are

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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