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CIPS L4M2
Defining Business Needs
Questions and Answers | : 347 |
File Format | |
Windows Compatibility | : Windows 10/8/7/Vista/2000/XP/98 |
Mac Compatibility | : All Versions including iOS 4/5/6/7 |
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NEW QUESTION: 1
Bell Brothers has $3,000,000 in sales. Its fixed costs are estimated to be $100,000, and its variable costs are equal to fifty cents for every dollar of sales. The company has $1,000,000 in debt outstanding at a before-tax cost of 10 percent. If Bell Brothers' sales were to increase by 20 percent, how much of a percentage increase would you expect in the company's net income?
A. 15.66%
B. 21.50%
C. 23.08%
D. 19.24%
E. 18.33%
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Step 1 Find Degree of Total Leverage (DTL)
DTL = (S-VC)/(S-VC-F-I) = ($3,000,000-$1,500,000)/($3,000,000-$1,500,000-$100,000-$100,000
1.1538.
Step 2 Find percentage increase in net income:
% Change NI = (0.20)(DTL) = (0.20)(1.1538) = 0.2308 = 23.08%.
NEW QUESTION: 2
Which three statements are accurate when entering the GL Distribution account coding on an invoice with taxes?
A. If you do not want to track taxes for the account, change the value in the Track Taxes field to 0.
B. The Track Taxes field cannot be edited unless the Processing Option - Allow Tax Tracking Is flagged on.
C. The system updates the F0016R tax table with tax information for the account if the Track Taxes field is populated.
D. The system automatically updates the Track Taxes field to 1 if the account Is set up as taxable and at least one pay item on the invoice has taxes.
E. If the account is not set up as taxable and you enter a 1 in the Track Taxes field, the system automatically changes the value to 0.
Answer: A,D,E
Explanation:
Reference:
https://docs.oracle.com/cd/E16582_01/doc.91/e15153/taxinfo_on_order_transactns.htm#EOATP00198
NEW QUESTION: 3
Which of the following SOM systems is not monitored?
A. Light performance flatness
B. Type of originating FEC
C. Receive OTU input optical power
D. Main light path performance
Answer: B
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VCE Exam Simulator
CIPS L4M2
Defining Business Needs
VCE Exam Simulator Q&A | : 347 |
Q&A Update On | : January 3, 2019 |
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Windows Compatibility | : Windows 10/8/7/Vista/2000/XP/98 |
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CIPS L4M2 (Defining Business Needs)
Questions and Answers : 347 Q&A Update On : January 3, 2019 File Format : PDF Windows Compatibility : Windows 10/8/7/Vista/2000/XP/98 Mac Compatibility : All Versions including iOS 4/5/6/7 Android : All Android Versions Linux : All Linux Versions Download L4M2 Sample Questions -
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