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Company A has current sales of $11,504,045 and a 35% contribution margin. Its fixed costs are $2,302,244. Company B is a service firm with current
Company A has current sales of $11,504,045 and a 35% contribution margin. Its fixed costs are $2,302,244. Company B is a service firm with current service revenue of $6,559,329 and a 28% contribution margin. Company Bs fixed costs are $574,286. Compute the degree of operating leverage for Company B. Round to the hundredth, two decimals (Show your work)
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