What is the amount of net income that Gooey Goodies will report on their 2005 income statement?

What is the amount of net income that Gooey Goodies will report on their 2005 income statement? 10. For 2005, Chips Company had revenue of $100,000, fixed costs of $60,000, and variable costs of $20,000. Based on this information, what was Chips” operating leverage for 2005? D. 0.8 e. None of the above 11. Production in 2005 for Sally”s Speedboats was at its highest point in the month of April when 45 units were produced at a total cost of $1,000,000.

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