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Sara's catering company is now very profitable and is selling 500 cakes a month. She charges $40 a cake with a $15 cake cost. She
Sara's catering company is now very profitable and is selling 500 cakes a month. She charges $40 a cake with a $15 cake cost. She still pays $1200 a month for her total fixed costs. What is her degree of operating leverage?
Question 20 options:
100% | |
166% | |
33% | |
111% |
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