Leftie Corporation has provided the following contribution format income statement. The following information is within the relevant range. Sales (2,000 units) $ 120,000 Variable expenses 90,000 Contribution margin 30,000 Fixed expenses 16,500 Net operating income $ 13,500 Using the degree of operating leverage, the estimated percent increase in net operating income as the result of a 10% increase in sales is closest to: (Round your intermediate calculations to 1 decimal place.)

What are two benefits of consumer programs

Aprimary advantage of organizing economic activity within firms is thea. ability to coordinate highly complex tasks to allow for specialized division of labor. b. low administrative costs because of reduced bureaucracy. c. eradication of the principal-agent problem. d. high-powered incentive to work as salaried employees for an existing firm.

While cell phones with holographic keyboards are currently in the introduction stage of the industry life cycle, tablet computers are in the growth stage. in the context of this scenario, which of the following statements is true? a. the industry for cell phones with holographic keyboards will face greater competition than the tablet industry. b. while the industry for cell phones with holographic keyboards will focus more on product innovation, the tablet industry will focus more on process innovation. c. while the industry for cell phones with holographic keyboards can reap the benefits of economies of scale, the tablet industry will experience no such benefits. d. the industry for cell phones with holographic keyboards will face price competition, whereas, in the tablet industry, the mode of competition will be non-price.