Bendel Inc. has an operating leverage of 4.8. If the company's sales increase by 13%, its net operating income should increase by about:
A. 62.4%
B. 13.0%
C. 2.7%
D. 47.8%
Answer: A
Business
You might also like to view...
The reason why Saks Fifth Avenue has licensed stores in the Middle East is to limit their risk when targeting unfamiliar, difficult-to-enter markets
Indicate whether the statement is true or false
Business
New media are mutually active and allow users to probe, question, and constantly find information. What are four interactive technologies beyond the Internet?
What will be an ideal response?
Business
A flowchart is an example of a relationship chart
Indicate whether the statement is true or false
Business
In the absence of accidental death benefits the face amount of the policy less outstanding loans is the amount paid out at death
Indicate whether the statement is true or false.
Business