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DOL: (CM) / (OI) = 2,258,611/2,152,778 = 1.04; for a 1% sales increase, operating income will increase 1.04x (1,000x) -(939x) = 2,258,611 x =37,026 Explain

DOL: (CM) / (OI) = 2,258,611/2,152,778 = 1.04; for a 1% sales increase, operating income will increase 1.04x (1,000x) -(939x) = 2,258,611 x =37,026

Explain the meaning of the operating leverage you obtain.(explain in words)

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