Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Sales of Blistre Autos are 380,000, variable cost is 250,000, fixed cost is 90,000 tax rate is 20%. Calculate the operating leverage of the company.
Sales of Blistre Autos are 380,000, variable cost is 250,000, fixed cost is 90,000 tax rate is 20%. Calculate the operating leverage of the company.
A.4.06times
B.2.25 times
C.1.92 times
D.3.25 times
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started