Use the Airborne Travel data in E7-38B to answer the following questions. Requirements 1. What is Airborne
Question:
Requirements
1. What is Airborne Travel’s current margin of safety (in dollars)?
2. What is Airborne Travel’s current operating leverage factor?
3. If sales volume increases 4% next quarter, by what percent will Airborne’s operating income increase? What will the new operating income be?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 81% (16 reviews)
Req 1 Margin of safety Sales Sales at breakeven 318500 303390 fr...View the full answer
Answered By
Muhammad Salman Alvi
Well, I am a student of Electrical Engineeing from Information Technology University of Punjab. Just getting into my final year. I have always been good at doing Mathematics, Physics, hardware and technical subjects. Teaching profession requires a alot of responsibilities and challenges.
My teaching experience started as an home tutor a year ago. When I started teaching mathematics and physic subjects to an O Level student. He was about 14 years old. His name was Ibrahim and I used to teach him for about 2 hours daily. Teaching him required a lot of patience but I had to be polite with him. I used to give him a 5 min break after 1 hour session. He was quite weak in basic maths and calculation. He used to do quite a lot of mistakes in his homework which I gave him weekly. So I decided to teach him basics from scratch. He used to say that he got the concept even if he didn't. So I had to ask him again and again. I worked on his basics for a month and after that I started taking a weekly test sesions. After few months he started to improve gradually. Now after teaching him for about a year I can proudly say that he has improved alot. The most important thing was he managed to communicate all the difficullties he was facing. He was quite capable and patient. I had a sincere desire to help him reach to its full potential. So I managed to do that. We had a very good honest relationship of a student and a teacher. I loved teaching him as a tutor. Now having an experience of one year teaching I can read students quite well. I look forward to work as an online tutor who could help students in solving their all sort of difficulties, problems and queries.
4.90+
29+ Reviews
43+ Question Solved
Related Book For
Managerial Accounting
ISBN: 978-0176223311
1st Canadian Edition
Authors: Karen Wilken Braun, Wendy Tietz, Walter Harrison, Rhonda Pyp
Question Posted:
Students also viewed these Managerial Accounting questions
-
Use WestlawNext Campus Research to answer the following questions regarding the Jensen 178 Cal. App. 4th 426 case: a. In what year was the case decided and by what court? b. Examine the headnote....
-
Use Spreadsheet 18.1 to answer the following questions about Executive Fruit. a. What would be the required external financing if the growth rate is 15% and the dividend payout ratio is 60%? b. Given...
-
Paul is a purchaser of mangoes (x) and oranges (x). His Utility function over the two goods can be expressed as U(x, x) = xx Paul faces a price of mangoes of $2 and a price of oranges 1/2 1/2 of $1...
-
Python Question needed solving is at bottom #Function implementing the Extended Euclidean Algorithm import mathdef egcd(a,b): # b must not be zero otherwise the concept of gcd will fail #base case if...
-
How does the Bank of Canada differ from other banks?
-
A software coding project was scheduled to be finished today, after 12 weeks of work. You receive an updated EVM report on the progress of the coding suggesting that it has a schedule performance...
-
A physical therapist wants to determine types of rehabilitation required by her patients. To do so, she obtains a simple random sample of 30 of her patients and records the body part requiring...
-
On February 15, 2012, Rooker, Madras & Associates compiled the following information concerning inventory for five years. They used the dollar-value LIFO retail inventory method. Compute the...
-
On April 5, Sydni Corp provided consulting services on account to a customer for $4,000, terms 2/10, n/30. On April 15, the customer paid Sydni the amount owed. Required: In the journal below,...
-
In presenting a report to a group of grocery store managers, a researcher stated the following: "The data from the judgment sample of ten grocery stores were analyzed, and the results show that the...
-
Red Deer Sporting Goods is a retailer of sporting equipment. Last year, Red Deers sales revenues totalled $6,400,000. Total expenses were $2,800,000. Of this amount, approximately $1,792,000 were...
-
Tritans Bait Shop had budgeted bait sales for the season at $13,000, with a $6,000 mar- gin of safety. However, due to unseasonable weather, bait sales only reached $12,100. By what amount did actual...
-
McDonalds, Burger King, and Wendys all produce hamburgers, among other things. However, if you prefer burgers from McDonalds, you might consider other burgers an imperfect substitute. With this in...
-
If you had a basic guaranteed income for the next two years, what choices would you make to improve your current situation? In a Canadian context, how could employers benefit from a basic guaranteed...
-
A client consults your office and indicates he owns a house on a small tract of land. His neighbor owns a 100 acre farm. For the past 15 years he has been farming on land that recently he has come to...
-
Determine the scalar equation of the plane that contains the points (1,1,-3), (0,1,-6) and (1,0,1). Your equation will have the form Ax+By+Cz+D=0
-
Company A bonds are yielding 8% and comparable companies have a cost of equity about 5% higher than their cost of debt. According to the debt plus risk premium model (D + RP), what is rs?
-
what is letter of intent ? explain
-
Refer to the facts in the preceding problem. Assume that in the year 2023, the Social Security base amount increases to $150,000. Compute BDFs 2023 employer payroll tax with respect to Mr. Li...
-
Continuation of Exercise 4-83. (a) What is the probability that the first major crack occurs between 12 and 15 miles of the start of inspection? (b) What is the probability that there are no major...
-
Sammamish Brick, Inc., manufactures bricks using clay deposits on the companys property. Raw clays are blended and then extruded into molds to form unfired bricks. The unfired bricks are then stacked...
-
In practice, many organizations measure the relative profitability of their segments by dividing the segments margins by their revenues. The segment margin for this purpose is the segments revenue...
-
Luxus Baking Company has developed a reputation for producing superb, one-of-a-kind wedding cakes in addition to its normal fare of breads and pastries. While the wedding cake business is a major...
-
You work for a company that manufactures heavy machinery. A construction company is interested in your excavators but it is taking several meetings and multiple evaluations before any purchase can be...
-
How can advances in technology, such as wearable biosensors and virtual reality therapy, be leveraged to enhance the efficacy and accessibility of stress management interventions in contemporary...
-
How can advances in technology, such as wearable biosensors and virtual reality therapy, be leveraged to enhance the efficacy and accessibility of stress management interventions in contemporary...
Study smarter with the SolutionInn App