Question
Operating Leverage Cartersville Company reports the following data: Sales $566,000 Variable costs 356,600 Contribution margin $209,400 Fixed costs 149,600 Income from operations $59,800 Determine Cartersville
Operating Leverage
Cartersville Company reports the following data:
| Sales | $566,000 |
| Variable costs | 356,600 |
| Contribution margin | $209,400 |
| Fixed costs | 149,600 |
| Income from operations | $59,800 |
Determine Cartersville Company's operating leverage. Round your answer to one decimal place. ______
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Financial Accounting
Authors: Walter B. Meigs, Robert F. Meigs, Mark Bettner, Ray Whittington
9th Edition
0070434360, 978-0070434363
