Question: check if answer is correct and solve problem 22. Shown below is information about a company for THIS year: Sales ...........................$100,000 N =10000 Fixed Costs
22. Shown below is information about a company for THIS year: Sales ...........................$100,000 N =10000 Fixed Costs .......................$30,000 Crna uo ooo Variable costs ....... .... $60,000 A. Compute the "Degree of Operating Leverage" 4 B. Assume the "DOL" is 4. If sales increase by 40% next year, what will be the net income for next year? 26.000 . . . ..... .. ... a m nan
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