Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. question 8 (1 point) the magnitude of operating le

Question 8 (1 point) The magnitude of operating leverage for Blue Ridge Corporation is 3.5...

90.2K

Verified Solution

Question

Accounting

image
Question 8 (1 point) The magnitude of operating leverage for Blue Ridge Corporation is 3.5 when sales are $200,000 and net income is $36,000. If sales decrease by 6%, net income is expected to decrease by what amount? 1) $2,160 2 2) $7,560 3) $3,420 5 4) $1,260

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

Biology
1.2K views

What factors contribute to the SPREAD of fires after an earthquake? A. Phones are unusable, so fires go...

Physics
1.2K views

A solid, homogeneous sphere with a mass of m0, a radius of r0 and a density...

Accounting
1.2K views

(1)        The standard costs of wooden ducks on wheels, for the CURRENT year, for 5 mm board...

Geometry
1.2K views

Use the figure below to find only one angle that fits each description 7 m212...

Basic Math
1.2K views

A student downloaded a new game on her phone that was recommended by her friend....

Accounting
1.2K views

BKF.com provides banks access to sophisticated financial information and analysis via...

Accounting
1.2K views

Cabo Corporation reported net income of $346,000, cash of $67,800, and net cash provided by...

Accounting
1.2K views

don't understand this. Last year [year 1], we decided to drop our highest-end Red model...

Accounting
1.2K views

fate of lini and uses apergetial intertory system Des 554 and ther were returned ts...

Accounting
1.2K views

On October 1, 2019, the City of Highland placed an order with Ajax Sand &...

Accounting
1.2K views

If the December 1 balance in the Direct Materials Inventory account was $38,000, the December...

Finance
1.2K views

Question 22 3 pts If we wanted to measure how intensively a firm uses its...