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Armada Corporation's contribution margin ratio is 65%. At its budgeted sales of $1,200,000, Armada's margin of safety in dollars is $200,000. What is Armada's
Armada Corporation's contribution margin ratio is 65%. At its budgeted sales of $1,200,000, Armada's margin of safety in dollars is $200,000. What is Armada's degree of operating leverage at the budgeted level of sales? Round to the nearest whole number and do not enter a decimal point (e.g., enter 89, not 89.2).
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