Based on the income statements of the three following retail businesses, which company has the highest operating leverage? Revenue Variable costs Contribution margin Fixed costs Net income Multiple Choice Alpha Company $ 200,000 (95,000) $ 105,000 (80,000) $ 25,000 Beta Company $ 200,000 (155,000) $ 45,000 (20,000) $ 25,000 Gamma Company $ 200,000 (125,000) $ 75,000 (50,000) $ 25,000

Based on the income statements of the three following retail businesses, which company has the highest operating leverage? Multiple Choice Alpha Company Beta Company Gamma Company They all have same operating leverage