If a firm has a contribution margin of $59,690 and a net income of $12,700 for the
Question:
If a firm has a contribution margin of $59,690 and a net income of $12,700 for the current month, what is their degree of operating leverage?
A. 0.18
B. 1.18
C. 2.4
D. 4.7
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The degree of operating leverage DOL is a measure of how sensitive a com...View the full answer
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Related Book For 
Principles Of Accounting Volume 2 Managerial Accounting
ISBN: 9780357364802
1st Edition
Authors: OpenStax
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