3.5 If a firm has a contribution margin of $78,090 and a net income of $13,700 for...
Question:
3.5 If a firm has a contribution margin of $78,090 and a net income of $13,700 for the current month, what is their degree of operating leverage?
A. 0.21 B. 1.21 C. 2.4 D. 5.7
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Principles Of Accounting Managerial Accounting Volume 2
ISBN: 9781947172609
1st Edition
Authors: Patty Graybeal, Mitchell Franklin, Dixon Cooper
Question Posted: