Question
J&A Corporation has a monthly target operating income of $40,600 . Variable expenses are 30% of sales and monthly fixed expenses are $8,400 . What
J&A Corporation has a monthly target operating income of $40,600. Variable expenses are 30% of sales and monthly fixed expenses are $8,400. What isJ&A's operating leverage factor at the target level of operatingincome?
A.
0.17
B.
5.83
C.
0.66
D.
1.21
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Financial Accounting
Authors: Libby, Short
6th Edition
978-0071284714, 9780077300333, 71284710, 77300335, 978-0073526881
