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Selected financial statement values for HQ are shown in the table. What is the degree of operating leverage for HQ given the change in revenues

Selected financial statement values for HQ are shown in the table. What is the degree of operating leverage for HQ given the change in revenues from Year 1 to Year 2? Selected Financial Information HQ Sustainable Maritime Industries Inc. ($000s) Year 1 Year 2 Revenues 67,723 68,832 Cost of goods sold 39,526 40,174 SG&A 13,148 13,300 Depreciation 2,095 2,129 EBIT 12,954 13,230 a. 1.1 b. 1.3 c. 1.2 d 1.0

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