Business, 16.03.2020 23:32 zeesharpe05
Terry's Towing Service has a monthly target operating income of $30,000. Variable expenses are 40% of sales and monthly fixed expenses are $7,500
1. Compute the monthly margin of safety in dollars if the shop achieves its income goal.
2. Express Terry's margin of safety as a percentage of target sales
3. What is Terry's operating leverage factor at the target level of operating income? 4. Assume that the company reaches its target. By what percentage will the company's operating income fall if sales volume declines by 12%?
Answers: 2
Business, 22.06.2019 08:00
Suppose the number of equipment sales and service contracts that a store sold during the last six (6) months for treadmills and exercise bikes was as follows: treadmill exercise bike total sold 185 123 service contracts 67 55 the store can only sell a service contract on a new piece of equipment. of the 185 treadmills sold, 67 included a service contract and 118 did not.
Answers: 1
Business, 22.06.2019 20:50
Which of the following is an example of a monetary policy? a. the government requires credit card companies to protect customers' privacy. b. the government restricts the amount of money that banks can lend. c. the government lowers taxes and increases spending. d. the government pays for repairing damage from a natural disaster.
Answers: 1
Business, 22.06.2019 22:10
Which of the following is usually not one of the top considerations in choosing a country for a facility location? a. availability of labor and labor productivityb. attitude of governmental unitsc. location of marketsd. zoning regulationse. exchange rates
Answers: 1
Business, 23.06.2019 01:50
You are looking at a one-year loan of $16,500. the interest rate is quoted as 8.7 percent plus two points. a point on a loan is 1 percent (one percentage point) of the loan amount. quotes similar to this one are common with home mortgages. the interest rate quotation in this example requires the borrower to pay two points to the lender up front and repay the loan later with 8.7 percent interest. what rate would you actually be paying here?
Answers: 3
Terry's Towing Service has a monthly target operating income of $30,000. Variable expenses are 40% o...
Social Studies, 24.05.2021 05:40
Biology, 24.05.2021 05:40
Mathematics, 24.05.2021 05:40
Mathematics, 24.05.2021 05:40
English, 24.05.2021 05:40
Chemistry, 24.05.2021 05:40
Mathematics, 24.05.2021 05:40
Mathematics, 24.05.2021 05:40
Mathematics, 24.05.2021 05:40
Computers and Technology, 24.05.2021 05:40
History, 24.05.2021 05:40
Mathematics, 24.05.2021 05:40