Exercise 6-9 Compute and Use the Degree of Operating Leverage [LO6-8]Engberg Company installs lawn sod in home yards. The company’s most recent monthly contribution format income statement follows: Amount Percent ofSalesSales$80,000 100%Variable expenses 32,000 40%Contribution margin 48,000 60%Fixed expenses 38,000 Net operating income$10,000 Required:1. What is the company’s degree of operating leverage?2. Using the degree of operating leverage, estimate the impact on net operating income of a 5% increase in sales.3. Construct a new contribution format income statement for the company assuming a 5% increase in sales.

Before contacting the news or print media about your business, what must you come up with first ? a. a media expertb. a big budgetc. a track recordd. a story angle

Emil motycka is considered an entrepreneur because

Complete the sentences. upper a decrease in current income taxes the supply of loanable funds today because it a. decreases; increases disposable income, which decreases saving b. has no effect on; doesn't change expected future disposable income c. decreases; decreases expected future disposable income d. increases; increases disposable income, which encourages greater saving upper a decrease in expected future income a. increases the supply of loanable funds today because households with smaller expected future income will save more today b. has no effect on the supply of loanable funds c. decreases the supply of loanable funds because it decreases wealth d. decreases the supply of loanable funds today because households with smaller expected future income will save less today