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May Clothing is a retail men's clothing store. May's variable cost is $70.00 per shirt and the sales price is $106.00 per shirt. May plans
May Clothing is a retail men's clothing store. May's variable cost is $70.00 per shirt and the sales price is $106.00 per shirt. May plans to sell 150,000 shirts for the year and, at this level, would generate a before-tax profit of $3,000,000. What is the degree of operating leverage (DOL) at this volume level?(Round your answer to 1 decimal place.)
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