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(Ch6) Candle Co. has sales of $200,000 this month, contribution margin of $100,000, monthly fixed cost of $80,000 and profit of $20,000.What is the firms
(Ch6) Candle Co. has sales of $200,000 this month, contribution margin of $100,000, monthly fixed cost of $80,000 and profit of $20,000.What is the firms current operating leverage number? (rounded)
Select one:
a. 0.40.
b. 5.00.
c. All listed choices are incorrect.
d. 0.20.
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