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Ivanhoe Sports Exercise 3-15 (Part Level Submission) Ivanhoe Sports Hut provides individual instruction and coaching to children participating in the city's baseball, softball, basketball, and
Ivanhoe Sports Exercise 3-15 (Part Level Submission) Ivanhoe Sports Hut provides individual instruction and coaching to children participating in the city's baseball, softball, basketball, and soccer youth leagues. Last year's results were as follows: Sales revenue Variable expenses Contribution margin Fixed expenses Operating income $909,170 648,250 260,920 142,320 $118,600 Your answer is correct. What is Ivanhoe Sports Hut's degree of operating leverage? (Round answer to 2 decimal place, e.g. 52.75) 2.2 Operating leverage Click if you would like to Show Work for this question: Open Show Work
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