Bell Brothers has $3,000,000 in sales. Fixed costs are estimated to be $100,000 and variable costs are equal to 50.00% of sales. The company has $1,000,000 in debt outstanding at a before-tax cost of 13.5%. If Bell Brothers' sales were to increase by 20.00%, how much of a percentage increase would you expect in the company's net income? Donotroundintermediatecalculations.
A. 19.68%
B. 23.72%
C. 27.98%
D. 19.45%
E. 21.34%
Answer: B
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Which of the following can be considered as a current asset?
A. Net profit percentage B. Accounts receivable C. Gross margin D. Selling expenses E. Operating expenses
Diedrich Corporation makes a product with the following costs: Per UnitPer YearDirect materials$20.80 Direct labor$15.20 Variable manufacturing overhead$1.30 Fixed manufacturing overhead $1,252,900 Variable selling and administrative expenses$4.20 Fixed selling and administrative expenses $1,581,200 ?The company uses the absorption costing approach to cost-plus pricing described in the text. The pricing calculations are based on budgeted production and sales of 67,000 units per year.The company has invested $420,000 in this product and expects a return on investment of 12%.Direct labor is a variable cost in this company.?The selling price based on the absorption costing approach is closest to:
A. $56.32 B. $83.80 C. $84.56 D. $126.53
An online university from which students take classes from home or other offsite locations, usually via the Internet, defines ________
Fill in the blank(s) with correct word
A broad term used to refer to all kinds of differences between people in the workforce is
A. pluralism. B. diversity. C. conflict. D. ethnicity. E. tribalism.