can you answer A B and C Two brothers (Jerry and...

70.2K

Verified Solution

Question

Accounting

can you answer A B and C
image
Two brothers (Jerry and Terry) own and operate companies in the same line of business Jerry believes in maintaining a very large, highly efficient labor force. Terry on the other hand, favors automated production processes. One business was located in Austin and the other was located in Boston Recent data follow Sin 000's Austin Boston Sales $2,000 $2,000 Contribution Margin 1,700 400 Operating Income 150 150 In the space below, answer the following: A. Who owns the company in which location and how can you tell? Austin Boston B. What is each company's profit margin? show your work Austin Boston C. By what percentage would each compay's operating incme change with an increase of 15% in sales? Round off your answer eg, 20% Show your work Austin- Boston

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students