Business Finance Homework Help

I’m working on a accounting question and need an explanation to help me learn.

Q1Provide example of one Saudi Company and analyze the steps that the managers in this company can take to achieve its vision and use core competencies.

Q2 The following data were obtained from the accounting information system of ABC Corporation:

UnitsTotal Cost

MonthProduced

January60SAR1,533.4

February501,300

March802,000

April30833.5

a.Use the data for February and March and the two-point method to determine a cost function.

b.Use the high-low method to determine a cost function.

Q3 XYZ Corporation sells its product for $17 per unit.  Its variable cost is $10 per unit, and total fixed costs are $800.  Assuming next period’s estimated sales are 300, calculate the following amounts:

a.Degree of operating leverage

b.Margin of safety in units 

c.Margin of safety in revenues