[16-17] Paxton Corp has provided the following data concerning its operations last month: Sales ........ $400,000 Variable expenses.... 250,000 Fixed expenses....... 100,000 Paxton Corp is a retailing organization. 16. The operating leverage is: a. 3. b. 8. c. 0.33. d. 5. 17. The contribution margin ratio is: b. 33.0%. a. 12.5%. c. 25.0%. d. 37.5%