Question
A new restaurant is ready to open for business. It is estimated that the food cost (variable cost) will be 40% of sales, while fixed
A new restaurant is ready to open for business. It is estimated that the food cost (variable cost) will be 40% of sales, while fixed cost will be $409,865. The first years sales estimates are $1,250,000. Calculate the firms degree of operating leverage (DOL). Answer to 2 decimal places.
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Inside Company Valuation
Authors: Angelo Corelli
1st Edition
3319537822, 9783319537825
