What is the company net operating income

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Question 1 - Nettles Corporation sells a single product for $20 per unit. Last year, the company's sales revenue was $260,000 and its net operating income was $36,000. If fixed expenses totaled $81,000 for the year, what was the break-even point in units?

Question 2 - Frost Corporation's contribution margin ratio is 20%. The degree of operating leverage is 15 at the $225,000 sales level. What is the company's net operating income at this $225,000 sales level?

Reference no: EM133114046

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