Question
Mercantile Corporation has sales of $2,000,000, variable costs of $800,000, and fixed costs of $900,000. Mercantile's degree of operating leverage is O 1.67. 1.50. 4.00.
Mercantile Corporation has sales of $2,000,000, variable costs of $800,000, and fixed costs of $900,000. Mercantile's degree of operating leverage is O 1.67. 1.50. 4.00. O 1.33. Mercantile's margin of safety ratio is 0.75 .33 0.25 O.15
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Principles Of Financial Accounting
Authors: Belverd E Needles, Marian Powers
11th Edition
0538755164, 9780538755160
