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Dippin Cookie Corporation had the following income statement for 2020: Sales $25,000 Less variable costs - 15,000 Contribution margin $10,000 Less fixed costs - 8,000
Dippin Cookie Corporation had the following income statement for 2020: Sales $25,000 Less variable costs - 15,000 Contribution margin $10,000 Less fixed costs - 8,000 Net income $ 2,000 Dippin Cookie's 2020 operating leverage is: Select one: A. 0.333 B. 2.500 O C. 3.667 D. 5.000
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