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If sales are $300,000, variable costs are 60% of sales, and operating income is $40,000, what is the operating leverage? a. 3.000 b. 7.500 c.
If sales are $300,000, variable costs are 60% of sales, and operating income is $40,000, what is the operating leverage? a. 3.000 b. 7.500 c. 1.875 d. 4.500
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