The degree of operating leverage (DOL) for Neptune Inc. and Ardent Ltd. are 2.3 and 4.9, respectively. Both companies have net incomes of $62,450. Determine their contribution margins. respective
Q: Need help
A: Step 1: Calculate Cost of Goods Manufactured (COGM)• COGM = Total Manufacturing Costs + Beginning…
Q: What is the depreciation expense to be recorded on December 31, 2021 for this financial accounting…
A: Step 1: Define Straight-Line DepreciationStraight-line depreciation is a method of allocating the…
Q: Cash from financial activities?
A: Explanation of Cash from Financing Activities:Cash from financing activities represents the cash…
Q: Jackson corporation reported a pretax book income of 520000?
A: Explanation of Book Equivalent of Taxable Income: Book equivalent of taxable income represents the…
Q: At the beginning of the year
A: Step 1: Write down the given data in a table for easier visualization. Assets =Liabilities…
Q: How much equity does Toggle's have on its balance sheet for this financial accounting question?
A: The debt-to-equity ratio formula is: Debt-to-Equity Ratio = Total Debt / Total Equity…
Q: The monthly cost (in dollars) of a data plan for Mercury Communications is a linear function of the…
A: Given: We are given that the monthly cost of a data plan is a linear function of the data usage.…
Q: Please given answer general accounting
A: 1. Contribution Margin Per UnitThe contribution margin per unit is the contribution margin divided…
Q: Subject. General Account
A: Step 1: Definition of Double-Entry AccountingThe double-entry accounting system ensures that for…
Q: The amount of cash paid to suppliers?
A: Explanation of Cost of Goods Sold (COGS): Cost of Goods Sold represents the direct cost of the goods…
Q: Hi, tutor need your advice
A: Explanation of Assets: Assets are economic resources owned by a company that have value and are…
Q: Radium Tech Inc. has net sales of $320,000, cost of goods sold of $210,000, selling expenses of…
A: Gross profit is computed by deducting cost of goods sold from net sales.Gross profit = Net sales -…
Q: What is the original cost of the machinery?
A: Explanation of Original Cost of Machinery:The original cost of machinery refers to the total amount…
Q: Please help me with this question general Accounting
A: Step 1: Define Average Accounts Payable BalanceAverage Accounts Payable Balance represents the…
Q: Hiroshi mart has the following financial information?
A: Explanation of Net Purchases: Net Purchases represents the final cost of merchandise bought during a…
Q: What was the variable overhead rate variance for the month?
A: Step 1:Variable Overhead Rate Variance is the difference between standard variable overheads and the…
Q: What is the monthly cost for 28 gigabytes of data?
A: The monthly cost is a linear function of data usage, meaning we can express it in the form:C(x) = mx…
Q: Accounting question
A: Step 1: Define Return on Assets (ROA)Return on Assets (ROA) measures how efficiently a company…
Q: General Accounting
A: Step 1: Define Return on Equity (ROE)Return on Equity (ROE) measures a company's profitability…
Q: 4 POINTS
A: Explanation of Deferred Tax Liability: A deferred tax liability represents future tax payments that…
Q: Red Flags" for management to identify and understand for fraud risk in the financial statements.…
A: Organizations are particularly concerned about the danger of fraud in financial statements, and…
Q: answer plz
A: Compute the target dollar sales.Target dollar sales = (Fixed costs + Target profit) / Contribution…
Q: Do fast this question answer general Accounting
A: To calculate the total FICA tax for Michael, we need to consider both the Social Security tax and…
Q: Calculate the gross profit and opereting income?
A: Step 1: Definition of Absorption CostingAbsorption costing is an accounting method that includes all…
Q: Financial accounting question
A: Step 1: Define Days' Sales UncollectedDays' Sales Uncollected (DSU) measures how many days it takes…
Q: Financial Accounting
A: Step 1: Define Dividend PayoutA company's earnings are equal to dividends when a company does not…
Q: What are the total fixed costs for this general accounting question?
A: Step 1: Definition of High-Low MethodThe High-Low Method is a cost estimation technique that…
Q: Answer this Accounting problem
A: We are given that the monthly cost of a data plan is a linear function of data usage. This means we…
Q: What is the debt equity ratio for this financial accounting question?
A: Based on Du Pont Relation,ROE = Profit margin * Asset turnover * Equity Multiplier12.5% = 6% * 1.5 *…
Q: What are the variable expense per unit? General accounting
A: Step 1: Definition of Variable Expenses per UnitVariable expenses per unit refer to the costs that…
Q: Answer please?
A: Explanation of Cash Cycle:The cash cycle, also known as the cash conversion cycle (CCC), measures…
Q: How much would be recorded as a gain on disposal?
A: Given:Machine Cost = $15,000Useful Life = 10 yearsResidual Value = $800Depreciation Method =…
Q: Financial account questions
A: Gross Profit is the difference between sales revenue and the cost of goods sold (COGS), representing…
Q: Need answer the financial accounting question
A: Step 1: Define Net IncomeNet income is the company's total earnings after deducting all expenses,…
Q: What is the companys gross profit?
A: Explanation of Gross Profit:Gross profit is the amount a company earns after subtracting the cost of…
Q: Hii expert please given answer general accounting
A: Step 1: Define Cash Flow from Operating ActivityCash Flow from Operating Activity (CFO) represents…
Q: The Coyle Shirt Company manufactures shirts in two departments: Cutting and Sewing. The company…
A: Detailed explanation:1. Predetermined Overhead Allocation Rate Estimated Overhead Costs / Estimated…
Q: What is the gross profit rate on these general accounting question?
A: Step 1: Define ross Profit RateGross Profit Rate is a financial metric that measures the percentage…
Q: Please give me true answer this financial accounting question
A: To calculate Dybvig Corporation's cost of equity capital, we can use the Capital Asset Pricing Model…
Q: Need answer
A:
Q: general accounting
A: Step 1: Definition of Convertible BondsA convertible bond is a type of bond that allows the…
Q: What is the materials price variance for this general accounting question?
A: To calculate the materials price variance, use the following formula: Materials Price Variance =…
Q: General accounting question
A: Step 1: Define Acid-test RatioThe acid-test ratio is one of the liquidity ratios that shows how…
Q: provide correct answer of this General accounting qestion
A: Step 1:Calculate the accounts receivable outstanding if the company's days sales outstanding is 29…
Q: Need answer please
A: Step 1: Analysis of information givenDirect materials used = $148,500Direct labor = $256,300Factory…
Q: How much disposable income?
A: To calculate Samuel Stevens' disposable income, we need to subtract all the deductions from his…
Q: Need answer
A: The question requires the determination of the cost of machinery or equipment. Cost of equipment or…
Q: What are the variable expense per unit?
A: To find the variable expenses per unit, we use the contribution margin (CM) ratio. Given:Selling…
Q: On January 1, 2020, Nexus Technologies purchased a machine for $15,000. The machine was estimated to…
A: Step 1: Introduction to property, plant and equipmentProperty, plant, and equipment refers to those…
Q: The financial statements of Crane report net credit sales of $1.6 million. Accounts receivable are…
A: Concept of Net Credit SalesNet credit sales refer to the total revenue a company generates from…
I want answer
Step by step
Solved in 2 steps
- Determine theri respective contribution margin?Using the Van Accessible data from Table 5–4: Calculate the degree of operating leverage (DOL). Calculate the degree of financial leverage (DFL). Calculate the degree of combined leverage (DCL). Explain what DOL, DFL, and DCL mean.Parker Company has provided the following data for the most recent year: net operating income, $33,000; fixed expense, $94,200; sales, $212,000; and CM ratio, 60%. What is the company's degree of operating leverage? A. 3.85 B. 1.35 C. 0.26 D. 0.60
- Please provide answer in text (Without image)If financial leverage of a firm is 4, Interest 6,00,000, Operating Leverage is 3, Variable cost to sales is 66.66%, Income tax rate is 30%, Number of Equity Shares 1, 00, 000. Calculate fixed cost and EPS of the firms. (For your reference, OL = Contribution/EBIT; FL = EBIT/EBT and CL = OL*FL)Adams Inc. has the following data: rRF = 4.00%; RPM = 7.00%; and b = 1.20. What is the firm's cost of common from retained earnings based on the CAPM? Group of answer choices 11.53% 12.40% 12.03% 11.78% 12.65%
- Using the Van Accessible data from Table 5–4:a. Calculate the degree of operating leverage (DOL).b. Calculate the degree of financial leverage (DFL).c. Calculate the degree of combined leverage (DCL).d. Explain what DOL, DFL, and DCL mean.What is its degree of opereting leverage? General accounting* A company provided the following information: ROA= 15% Financial Leverage Ratio 1.8 What is the company's financial leverage percentage? (Round your answe