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The accounting manager of Gateway Inns has noted that every time the inn's average occupancy rate increases by 2.5 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 2.5 percent, the operating cash flow increases by 5.3 percent. What is the degree of operating leverage if the contribution margin per unit is $47? |
2.10 |
.57 |
2.12 |
.47 |
1.75 |
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