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HQ Sustainable Maritime Industries, Inc. is an integrated aquatic product company ( producing , processing, and farming ) in the People's Republic of China. Its
HQ Sustainable Maritime Industries, Inc. is an integrated aquatic product company producing processing, and farming in the People's Republic of China. Its principal products include tilapia and whitelegged shrimp that are exported to the United States, Canada, Japan, and Europe. Selected financial statement values for are shown in the table below. What is the degree of operating leverage for HQ given the change in revenues from Year to Year
Selected Accounting Information HQ Sustainable Maritime Industries Inc. $s
Year
$
SG&A
Depreciation
EBIT
$
The degree of operating leverage for is Round to two decimal places.
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