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QUESTION 4 The following income statement is provided for Coffee, Inc. table [ [ Sales revenue ( 3 , 4 0 0 @ $

QUESTION 4
The following income statement is provided for Coffee, Inc.
\table[[Sales revenue (3,400 @ $14.10 per unit),{f60715d2f-8944-41bd-8c90-592a59906604}
\table[[47,9],[40]]],[Variable costs (3,400 @ $6.10 per unit),\table[[20,7],[40]]],[Fixed costs,\table[[9,80],[0]]],[Net income,\table[[17,4],[00]]]]
What is this company's magnitude of operating leverage? (Round your answer to 2 decimal place
2.31
1.56
1.67
2.94
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