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The following income statement is provided for Prell, Inc. 18 3 points Sales revenue (2,600 units * $20.10 per unit) Cost of goods sold (variable;
The following income statement is provided for Prell, Inc. 18 3 points Sales revenue (2,600 units * $20.10 per unit) Cost of goods sold (variable; 2,600 units * $10.10 per unit) Cost of goods sold (fixed) Gross margin Administrative salaries Depreciation Supplies (2,600 units * $2.10 per unit) Net income $ 52,260 (26,260) (4,100) 21,900 (6,100) (5,100) (5,460) 5,240 % 01:30:03 eBook What is this company's magnitude of operating leverage? (Round your answer to 2 decimal places.) Multiple Choice 0.24 o O 0.25 O 3.92 4.18
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