Question
Company ABC has the following information: Sales $59,000; variable expenses $37,000; contribution margin $22,000; operating income 5,900. The degree of operating leverage is Question 10Answer
Company ABC has the following information: Sales $59,000; variable expenses $37,000; contribution margin $22,000; operating income 5,900. The degree of operating leverage is
Question 10Answer
a.
0.27
b.
0.37
c.
3.73
d.
1.48
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
12th edition
978-0324597714, 324597711, 324597703, 978-8131518571, 8131518574, 978-0324597707
