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Snellville Co. reports the following data: Sales $622,900 Variable costs (398,700) Contribution margin $224,200 Fixed costs (144,100) Operating income $80,100 Determine Snellville Co.'s operating
Snellville Co. reports the following data: Sales $622,900 Variable costs (398,700) Contribution margin $224,200 Fixed costs (144,100) Operating income $80,100 Determine Snellville Co.'s operating leverage. Round your answer to one decimal place.
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Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
6th edition
1118096894, 978-1-11921511, 978-1118096895
