Question
The Cartwright Company income statement revenue and per unit costs are as follows: Sales $100.00 Variable cost $38.00 Fixed cost $40.00 Operating Income $22.00 Interest
The Cartwright Company income statement revenue and per unit costs are as follows: Sales $100.00 Variable cost $38.00 Fixed cost $40.00 Operating Income $22.00 Interest $4.40 EBIT $17.60 If the company sells 600 units, what is the degree of operating leverage for the Cartwright Company? (round to two decimal places)
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Introduction To Financial Accounting
Authors: Anne Marie Ward, Andrew Thomas
9th Edition
1526803003, 978-1526803009
