Company A has current sales of $10,168,278 and a 36% contribution margin. Its fixed costs...
70.2K
Verified Solution
Link Copied!
Question
Accounting
Company A has current sales of $ and a contribution margin. Its fixed costs are $ Company B is a service firm with current service revenue of $ and a contribution margin. Company Bs fixed costs are $ Using the degree of operating leverage for Company A what will be the increase to net income if there was a increase in sales? Round to the hundredth, two decimals.
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!