Question
The company incurs costs of $22.58 million regardless of the output level. It sells 5.97 million units of its product at the price of $9.79,
The company incurs costs of $22.58 million regardless of the output level. It sells 5.97 million units of its product at the price of $9.79, and its variable costs per unit are $2.43. The company has $46 million of debt with an annual interest rate of 5.06%. What is the degree of operating leverage at the current level of sales?
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Cost Benefit Analysis
Authors: Harry F. Campbell, Richard P.C. Brown
3rd Edition
1032320753, 9781032320755
