Which of the following scenarios demonstrates the leverage effect on net operating income due to the existence of fixed costs?
a) a 25% increase in sales resulting in a 30% decrease in net operating income.
b) a 15% increase in sales resulting in a 15% increase in cost of goods sold.
c) a 25% increase in sales resulting in a 30% increase in net operating income.
d) a 25% increase in sales resulting in a 30% increase in fixed costs.

When the national economy goes from bad to better, market research shows changes in the sales at various types of restaurants. projected 2011 sales at quick-service restaurants are $164.8 billion, which was 3% better than in 2010. projected 2011 sales at full-service restaurants are $184.2 billion, which was 1.2% better than in 2010. how will the dollar growth in quick-service restaurants sales compared to the dollar growth for full-service places?

Winners of the georgia lotto drawing are given the choice of receiving the winning amount divided equally over 2121 years or as a lump-sum cash option amount. the cash option amount is determined by discounting the annual winning payment at 88% over 2121 years. this week the lottery is worth $1616 million to a single winner. what would the cash option payout be?

Which plan offers a tax-free education?