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Tarleton Tea Towels (TIT) wants to estimate the operating leverage it will have if it buys some new embroidery equipment. TIT's sales are estimated at

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Tarleton Tea Towels (TIT) wants to estimate the operating leverage it will have if it buys some new embroidery equipment. TIT's sales are estimated at $379.14, the variable costs are $165.84, the fixed cost with the new equipment is $108.83 and the number of Tea towels sold is 37.57. All values are in thousands Estimate TIT's Degree of Operating Leverage. Post your answer with 1 decimal place

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