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The following information relates to Pug Company for the current year: Contribution margin $30,000 Operating leverage factor 3 Which of the following statements is true?
The following information relates to Pug Company for the current year: Contribution margin $30,000 Operating leverage factor 3 Which of the following statements is true? If the company's income increases by 2%, its sales revenue should increase by 6% The company's current net operating income is greater than $15,000. If the company's sales revenue is $35,000, its variable cost is greater than $15,000. The company's fixed cost is greater than $15,000. There is more than one correct statement
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