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Playpals Park competes with Water World by providing a variety of rides. Playpals Park sells tickets at $100 per person as a one-day entrance fee.
Playpals Park competes with Water World by providing a variety of rides. Playpals Park sells tickets at $100 per person as a one-day entrance fee. Variable costs are $20 per person, and fixed costs are $480,000 per month. The breakeven number of tickets is 6,000. If Playpals Park expects to sell 7,250 tickets, compute the degree of operating leverage (round to two decimal places). Estimate the operating income sales increase by 10%. Begin by selecting the formula labels and then entering the amounts to compute the degree of operating leverage for Playpals Park. (Round the degree of operating leverage to two decimal places, X.XX.) Degree of operating leverage
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