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Can you explain this to me ? I have no idea how to do this? Operating Leverage PB&J Eatery has a monthly target operating income
Can you explain this to me I have no idea how to do this?
Operating Leverage PB&J Eatery has a monthly target operating income of $12,600. Variable expenses are 60% of sales and monthly fixed expenses are $31,500. What is PB&J Eatery's operating leverage factor at the target level of operatiog income? Round answer to one decimal place. 3.5
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