User Account

All Pages

By what amount net income is expected to decrease

Assignment Help Accounting Basics
Reference no: EM131730481

Question - The magnitude of operating leverage for Blue Ridge Corporation is 3.2 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?

$6,912

$2,160

$3,840

$1,152

Reference no: EM131730481

Questions Cloud

Describe foundations of good communication in organisations : Describe foundations of good communication in organisations with diverse range of employees and how these can help minimise toxic communications in workplace
The cost of purchasing and installing the new system amount : The useful life of the new system is 20 years and will be sold then
Outline the difference between capitalism : Outline the difference between capitalism, socialism, communism and mixed economy.
Test whether caffeine consumption elevates pulse rates : Sixty students were matched by initial pulse rate, with the two with the highest pulse forming a pair, and so on. Within each pair, one student was randomly.
By what amount net income is expected to decrease : The magnitude of operating leverage for Blue Ridge Corporation is 3.2 when sales are $200,000, net income is expected to decrease by what amount
Explain the type of metrics that could have been used : Explain what the Rocky Plains could have done to improve the supplier relationship with Gilpin.
Perform a swot analysis for fitbit : Perform a SWOT analysis for Fitbit. What are the company's primary strengths and weaknesses? What external opportunities and threats exist?
Assess the business concerns for wpan and mobile devices : Assess the business concerns for WPAN and mobile devices being brought into the corporate environment. Explain how business can mitigate these concerns.
Explain in details what is democratic leadership : Explain in details what is Democratic Leadership and give 2 examples that applied in the workplace.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Calculate the effect that increase will have on her profit

Suppose sales increase by 20 percent next month, calculate the effect that increase will have on her profit.

  Prepare a pension worksheet for hennein company

At January 1, 2014, Hennein Company had plan assets of $280,000 and a projected benefit obligation of the same amount.

  Prepare journal entries for the transactions

Prepare journal entries for the transactions listed above.

  Record the disposal under the assumptions

Puckett Co. has office furniture that cost $75,092 and that has been depreciated $49,709 - Record the disposal under the assumptions.

  What was delivered cost of the purchases made during june

What was the delivered cost of the purchases made during June? What was the net delivered cost of these purchases

  Overhead application working backwardthe towson

overhead application working backward.the towson manufacturing corporation applies overhead on the basis of machine

  The first transaction has been completed as an example

Transactions that affect earnings do not necessarily affect cash. Identify the effect, if any, that each of the following transactions would have upon cash and net income.

  The mountain spring water company has two departments

the mountain spring water company has two departments. purifying and bottling. the bottling company received 62000

  Net cash used in investing activities

The Johnson and Baker Company increased investments in foreign securities by $ 120,000, funded fixed asset acquisitions by $ 1,500,000, and sold $ 90,000 of long-term debt. Also, the firm had a net inflow of $ 300,000 from the sale of assets. What..

  Mvies galore distributes dvds to movie retailersincluding

movies galore distributes dvds to movie retailersincluding dot.coms.movies galores top management meets monthly to

  Ca16-4nbspnbsp nbspstock compensation plansnbspnbspnbsp the

ca16-4nbspnbsp nbspstock compensation plansnbspnbspnbsp the following two items appeared on the internet nbspconcerning

  What are the two different categories of tax research

Create a 700- to 1,050-word document that addresses the following: What are the two different categories of tax research

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd