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Consider the following summary modified income statement for Tech Inc Sales $565,000 Variable Operating Costs 278,000 Contribution Margin $287,000 Fixed Operating Costs 101,000 Operating Income
Consider the following summary modified income statement for Tech Inc Sales $565,000 Variable Operating Costs 278,000 Contribution Margin $287,000 Fixed Operating Costs 101,000 Operating Income $186,000 Interest Expense 32,000 Calculate Tech's degree of operating leverage 2 Degree of Operating Leverage 4 6 8 10
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