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

The magnitude of operating leverage for Perkins Corporation is 4.5 when sales are $100,000. If...

80.2K

Verified Solution

Question

Accounting

The magnitude of operating leverage for Perkins Corporation is 4.5 when sales are $100,000. If sales increase to $110,000, profits would be expected to increase by what percent?

a. 4.5%

b.14.5%

C.45%

D.10%

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

Mechanical Engineering
1.2K views

With respect to mechanical strength considerations what is the feasibility of joining extra hard temper brass...

Electrical Engineering
1.2K views

I'm working on a project where I need to design a transmission line tap for a...

Basic Math
1.2K views

Let S denote the 10-element set {a,b,c,d,e,f,g,h,i,j}. How many ways can we construct a subset of...

Physics
1.2K views

MOMENTUM CONSERVATION A particle of mass m is moving with a velocity v another particle...

Basic Math
1.2K views

A jar contains 4 red marbles numbered 1 to 4 and 12 blue marbles numbered...

Basic Math
1.2K views

Put the following equation in standard forin: x = 10y - 9If, in standard form,...

Calculus
1.2K views

Use the Intermediate Value Theorem to show that there is a root of the given...

Algebra
1.2K views

Write the equation of the line with a slope of 2 and a y intercept...

Accounting
1.2K views

CGM and Income statement please \begin{tabular}{|c|c|c|} \hline Sales & & $18,500,000 \\ \hline \multicolumn{3}{|l|}{...

Accounting
1.2K views

opening stock 29000 purchase 242000 sales 320000 gross profit 20%of sales prepare stock turnover ratio.

Accounting
1.2K views

Wallys Widget Company (WWC) incorporated near the end of 2011. Operations began in January of...

Finance
1.2K views

a company has 412000 shares. When $879500 of its annual profit is distributed to the...