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Frank Corp has a contribution margin of $450,000 and profit of $150,000. What is its degree of operating leverage? .33 1.67 2.5 3 Please show
Frank Corp has a contribution margin of $450,000 and profit of $150,000. What is its degree of operating leverage? .33 1.67 2.5 3 Please show your work and your answer (A, B, C, or D). Frank Corp has a contribution margin of $450,000 and profit of $150,000. If sales increase 20%, by how much will profits increase? 20% 30% 60% 90% Please show your work and your answer (A, B, C, or D)
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