Question
A firm sells a product with total revenue of $16,000. Total variable costs are $10,000. Total fixed costs are $2,000. If sales are 100 units,
A firm sells a product with total revenue of $16,000. Total variable costs are $10,000. Total fixed costs are $2,000.
If sales are 100 units, what is the firm's degree of operating leverage?
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Auditing & Assurance Services A Systematic Approach
Authors: William F Messier Jr, Steven M Glover, Douglas F Prawitt
11th Edition
1260687635, 1259969444, 9781259969447, 978-1260687637
