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Harley Company has sales of $500,000,variable costs are 75% of sales, and operating income is $40,000.What is Harley's operating leverage? A) 0.0 B) 1.2 C)
Harley Company has sales of $500,000,variable costs are 75% of sales, and operating income is $40,000.What is Harley's operating leverage?
A) 0.0
B) 1.2
C) 1.3
D) 3.1
A) 0.0
B) 1.2
C) 1.3
D) 3.1
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Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
6th edition
9781305178045, 1285429648, 1305178041, 978-1285429649
