Abroker enters into an exclusive right-to-buy contract with a purchaser. the purchaser finds a satisfactory property and makes an offer, which is accepted. the listing broker is unavailable during much of the transaction and the selling broker performs several of the listing broker's responsibilities. in gratitude, the seller offers a $500 bonus to the selling broker. when is it acceptable for the broker to receive this money?

Engberg company installs lawn sod in home yards. the company’s most recent monthly contribution format income statement follows: amount percent of sales sales $ 80,000 100% variable expenses 32,000 40% contribution margin 48,000 60% fixed expenses 38,000 net operating income $ 10,000 required: 1. compute the company’s degree of operating leverage. (round your answer to 1 decimal place.) 2. using the degree of operating leverage, estimate the impact on net operating income of a 5% increase in sales. (do not round intermediate calculations.) 3. construct a new contribution format income statement for the company assuming a 5% increase in sales.