Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the magnitude of operating leverage for forbes cor

The magnitude of operating leverage for Forbes Corporation is 2.3 when sales are $150,000 and...

50.1K

Verified Solution

Question

Accounting

The magnitude of operating leverage for Forbes Corporation is 2.3 when sales are $150,000 and net income is $19,000. If sales increase by 5%, what is net income expected to be?

$18,950

$19,950

$23,000

$21,185

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

Advance Math
1.2K views

The goal is to show that a nonempty subset C⊆R is closed iff there is a...

Biology
1.2K views

You perform a cell free translation experiment like Nirenberg and Matthaei, but you forget to write...

Biology
1.2K views

“Florida mice” essay question Describe Hopi Hoekstra’s evidence for how coloration for Atlantic coast beach mice of...

Civil Engineering
1.2K views

THIS IS AN ENGINEERING SUSTAINABILITY SUBJECT BUT I CHOOSE CIVIL ENGINEERING You are required to come up...

General Management
1.2K views

1.Create a resume using Word as described in the Career Development Workbook. Remember to add in...

Physics
1.2K views

distance between two fringes from center Ans 2 One slit in Young s double slit...

Calculus
1.2K views

Find the total area of the region between the curve and the x-axis.y=1/?x; 1?x? 4

Calculus
1.2K views

Find the point y at which the graph of y 5x 2x 2 has a...

Calculus
1.2K views

5 g x x tan x sin x g x A 2x sec x cos...

Algebra
1.2K views

As of 2015 what country was the world s largest consumer of natural gas and...

Accounting
1.2K views

Assume that you are the controller of a business that provides legal services to clients....

Accounting
1.2K views

Neslund Ornamentals offered a 2% trade discount to Parsons Retail Outlet for all purchases over...