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Daphne's Floral Service has a monthly target operating income of $ 3 0 , 0 0 0 . Variable expenses are 1 5 % of

Daphne's Floral Service has a monthly target operating income of $

30, 000 .

Variable

expenses are

15 %

of sales. The manager reported fixed expenses of $

20, 000 .

What is Daphne Floral's operating leverage factor at the target level of operating

income?

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