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7 Use this information for Questions 7 and 8. Murphy has the following information on its Contribution Margin Income Statement: CM Income Statement Sales Variable

7 Use this information for Questions 7 and 8. Murphy has the following information on its Contribution Margin Income Statement: CM Income Statement Sales Variable Costs Contribution Margin Less Fixed Costs Total Income Before Tax 10 points 10 points Units Sold What is the operating leverage factor for Murphy? A. 1.9 8. 2.45 C. 2.4 D. 2.5

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