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Clockworks Co. reports the following data for the current year: Units sold Unit Sales Price Unit Variable Cost Total Fixed Cost 1,200 $30 $10 $18,000

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Clockworks Co. reports the following data for the current year: Units sold Unit Sales Price Unit Variable Cost Total Fixed Cost 1,200 $30 $10 $18,000 (a) Calculate Clockworks' pretax income (b) Calculate Clockworks' degree of operating leverage. Explain what this means

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