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CYD Company is planning the next year of operations and has just compiled the following Contribution Margin Income Statement: CM Income Statement Units Sold Per
CYD Company is planning the next year of operations and has just compiled the following Contribution Margin Income Statement:
CM Income Statement
Units Sold Per Unit Total
Sales 10,000.00 $120.00 $1,200,000.00
Variable Costs 10,000.00 $30.00 $300,000.00
Contribution Margin $900,000.00
Less Fixed Costs $800,000.00
Total Income Before Tax $100,000.00
Based on this information, CYD's leverage factor is ______________.
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