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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

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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 $465,435. The first year's sales estimates are $1,250,000. Calculate the firm's degree of operating leverage (DOL). Answer to 2 decimal places

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