Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. tom company reports the following data. sales $180

Tom Company reports the following data. Sales $180,576 Variable costs 94,176 Fixed costs 32,400 Determine...

50.1K

Verified Solution

Question

Accounting

Tom Company reports the following data.

Sales $180,576

Variable costs 94,176

Fixed costs 32,400

Determine Tom Company's operating leverage. Round your answer to one decimal place.

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

Q

Suppose that a firm’s recent earnings per share and dividend per share are $2.75 and $1.80,...

Finance
Q

1. What is trade dress? 2. What is the USDA? What is the purpose of the...

Finance
Q

In the figure the intensity of waves arriving at The D from two coherent sources...

Physics
Q

DEH is adjacent to HEG DEG IS 106 And LHEGIS 55 Find the measure of...

Geometry
Q

If the hypotheses are: Ho: M? 40, Ha : M > 40, what would you...

Basic Math
Q

Solve for u 12 u 47 72 U

Statistics
Q

Evaluate the integral using an appropriate substitution 9e9e T dx c C

Calculus
Q

Grouper Company purchased a new machine on October 1,2020 , at a cost of $114,800....

Accounting
Q

Staycate Travels Inc. informa una ganancia bruta de $35,000, gastos por intereses de $4,000, una...

Accounting
Q

A company's Forming department started processing 6,220 units in October. Production activity for the Forming...

Accounting
Q

Just need A and B Problem #1 (33 marks) Consider the following simplified Statement...

Finance
Q

Andretti Company has a single product called a Dak. The company normally produces and sells...

Accounting