J&A Corporation has a monthly target operating income of $40,600. Variable expenses are 30% of sales and monthly fixed expenses are $8,400. What is J&A's operating leverage factor at the target level of operating income? A. 0.17 B. 5.83 C. 0.66 D. 1.21

What is the Profit Margin for Stevenson Corporation, given the following info: Invested Assets = $550,000 Sales $660,000 = Income from Operations = $99,000 Desired minimum rate of return = 15.0% O 16.0% O 18.0% 15.0% 20.0%

Please given answer Accounting

What is its degree of operating leverage for this accounting question?

Calculate the return on investment (as a %) for the given company. (Round your answer to the nearest tenth of a percent.)

5 Edmonds Industries is forecasting the following income statement: Sales Operating costs (excl. Depr. & Amort.) EBITDA Depreciation EBIT Interest EBT Taxes (40%) Net income $10,000,000 5,500,000 4,500,000 1,200,000 $ 3,300,000 500,000 $ 2,800,000 1,120,000 $ 1,680,000 The CEO would like to see higher sales and a forecasted net income of $2,100,000. Assume that operating costs (excluding depreciation and amortization) are 55% of sales and that depreciation and amortization and interest expenses will increase by 6%. The tax rate, which is 40%, will remain the same. (Note that while the tax rate remains constant, the taxes paid will change.) What level of sales would generate $2,100,000 in net income?

What is the Residual Income for Stevenson Corporation, given the following info: Invested Assets = $550,000 Sales = $660,000 Income from Operations = $99,000 Desired minimum rate of return = 15.0% O $16,500 O $17,280 O $14,850 O $0

V. A company’s contribution format income statement for the previous follows: AmountSales P300,000Variable expenses 120,000Contribution margin 180,000Fixed expenses 108,000Net operating income P72,000 Required:a. Compute the company’s degree of operating leverage.     b. Using the computed degree of operating leverage, estimate the effect on net operating income of a 5% increase in sales.       c. Prepare an income statement using contribution format to verify your answer in (b)

Give true answer the accounting question

Provide this question solution general accounting