Question: The degree of operating leverage = gross margin net operating income contribution margin net operating income contribution margin + total sales total sales + net

The degree of operating leverage =
gross margin net operating income
contribution margin net operating income
contribution margin + total sales
total sales + net operating income
The degree of operating leverage = gross margin net operating income

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

Sales. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 20,000 Variable expenses . . . . . . . . . . . . . . . . . . . . . . . 12,000 Contribution margin . . . . . . . . . . . . ....

Q:

The degree of operating leverage = contribution margin net operating income contribution margin total sales gross margin net operating income total sales net operating income

Q:

27. The margin of safety percentage is comp A. Break-even sales Total sales. B. Total sales Break-even sales C. (Total sales Break -even sales) Break-even sales. D. (Total sales- Break-even sales)...

Q:

Karboni JV operates a job order costing system.Karboni JV applies estimated manufacturing overhead to job orders using a pre-determined overhead rate of $20 per direct labor hour incurred. In the...

Q:

(1) (2) The contribution format of the income statement: organizes costs by function (i.e. selling expenses, administrative expenses) (b) organizes costs by behavior (fixed and variable) and is...

Q:

II. Multiple Choice (concepts) 1. Which of the following formulas is used to calculate the contribution margin ratio? A. (Sales - Fixed expenses)+ Sales B. (Sales - Cost of goods sold)+ Sales (Sales-...

Q:

Consider the ollowing information or Presidio Inc s most recent year of operations. Additional information for Presidio s most recent year at operations follows: Numbar of units produced Number of...

Q:

Contribution Margin $4.00 100 $400.00 Contribution Margin 7x 75 525 Fixed Expense $300.00 Fixed Expense 300 Net Operating Income $100.00 Net Operating Income +125 increase Original Data: Scenario 2:...

Q:

This assignment is very urgent! Be as Accurate as possible providing explanations to each answer. Chapter 1 1.Managerial Accounting and Financial Accounting differ in the following way: A. Financial...

Q:

Only questions 3-6 Feather Friends, Inc., distributes a high-quality wooden birdhouse that sells for $40 per unit. Variable expenses are $20.00 per unit, and fixed expenses total $200,000 per year....

Q:

Tables 1 and 2 contain the data from the first part of the project. Table 1 presents the amount of vaccine demand for each demand point, and Table 2 presents the distance between each potential...

Q:

Mr. G., an Indian national desires to obtain Foreign Exchange on current account transactions for the following purposes: a)Payment of commission on exports made towards equity investment in a wholly...

Q:

Accounting question Dalmatian Corporation's annual report is as follows. March 31,| March 31, 2016 2017 Net Income $360,000 $428,500 Total Stockholders' Equity $4,250,000 | $5,102,000 Stockholders'...

Q:

You just got hired for a job that will pay you $42,000 annually and your start date was January 1, 2023. The company promises that you will receive a 3% cost-of-living adjustment (COLA) annually (on...