Felipe Enterprises reports the following data: Sales ......................................... $330,000 Variable costs ............................ 140,000 Contribution margin ............... $190,000
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Felipe Enterprises reports the following data:
Sales ......................................... $330,000
Variable costs ............................ 140,000
Contribution margin ............... $190,000
Fixed costs ................................... 95,000
Income from operations ......... $ 95,000
Determine Felipe Enterprises’s operating leverage.
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Related Book For
Accounting
ISBN: 9781337902687
28th Edition
Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider
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