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The accounting manager of Gateway Inns has noted that every time the inn's average occupancy rate increases by 5 percent, the operating cash flow increases
The accounting manager of Gateway Inns has noted that every time the inn's average occupancy rate increases by 5 percent, the operating cash flow increases by 12.25 percent. What is the degree of operating leverage if the contribution margin per unit is 8 percent?
1.53 | |
2.45 | |
7.25 | |
0.40 | |
7.66 |
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