Question
For a company that has an operating leverage that is equal to 5, if sales increase 20% operating income will I know the anser is
For a company that has an operating leverage that is equal to 5, if sales increase 20% operating income will
I know the anser is increase by 100 % but hot do I get that answer? Please show the work to get there. Thanks!
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Financial Accounting
Authors: Charles T. Horngren, Jr. Harrison, Walter T.
2nd Edition
0133118207, 978-0133118209
