Question
A company has current sales of $43 million and total variable operating costs of $27.95 million. The company expects to increase sales for next year
A company has current sales of $43 million and total variable operating costs of $27.95 million. The company expects to increase sales for next year by 15% while keeping ooerating costs constant at $9.1 million. What is the degree of operating leverage (DOL) expected for next year?
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Business Finance
Authors: Brian Watts
8th Edition
0712110720, 978-0712110723
