Q 17

Pina's Gyros had the following results last month: Sales revenues equal $4100, direct costs of labor and food ingredients were $2000, other cost of goods sold were $260, and fixed period expenses equal $760 per month. Which of the following statements is correct? O Pina's gross margin is equal to $2100. O Pina's gross margin is equal to $1840. O Pina's degree of operating leverage is 4.15. O Pina's operating income is equal to $1840