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need help with Part B please The following CVP income statements are available for Cullumber Corp. and Ivanhoe, Inc. Compute the degree of operating leverage
need help with Part B please
The following CVP income statements are available for Cullumber Corp. and Ivanhoe, Inc. Compute the degree of operating leverage for each company. (Round answers to 1 decimal place, e.8. 15.5.) Assume that sales revenue decreases by 20%. Prepare a CVP income statement for each company. (Do not round intermediate calculations.) Cullumber Step by Step Solution
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