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Crimson Company reported the following: Sales $ 320,000 Variable expenses 108,000 Contribution margin $ 212,000 Fixed expenses 99,400 Net operating income $ 112,600 Crimsons degree
Crimson Company reported the following: Sales $ 320,000 Variable expenses 108,000 Contribution margin $ 212,000 Fixed expenses 99,400 Net operating income $ 112,600 Crimsons degree of operating leverage is closest to: 2.84 3.22 2.14 1.88
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