Multiple Choice
The magnitude of operating leverage for Perkins Corporation is 4.5 when sales are $100,000.If sales increase to $110,000,profits would be expected to increase by what percent?
A) 4.5%
B) 14.5%
C) 45%
D) 10%
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q125: A company with a completely fixed cost
Q126: Former NFL coach Joe Gibbs is highly
Q127: A cost that is considered variable for
Q128: The variable cost per unit increases in
Q129: How does total fixed cost behave when
Q131: Quick Change and Fast Change are competing
Q132: A cost that contains both fixed and
Q133: In the graph below,which depicts the relationship
Q134: Descriptions of cost behavior as fixed or
Q135: Variable costs will become fixed outside the