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Time remaining: 1:37:01 9 The following income statement is provided for Vargas, Inc. Sales revenue (2,600 units $20.10 per unit) $52,260 Cost of goods sold

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Time remaining: 1:37:01 9 The following income statement is provided for Vargas, Inc. Sales revenue (2,600 units $20.10 per unit) $52,260 Cost of goods sold variable; 2,600 units$10.10 per unit Cost of goods sold (fixed) (26,260) (4,100) Gross margin Administrative salaries Depreciation Supplies (2,600 units $2.10 per unit) 21,900 (6,100) (5,100) (5,460) Net income 5.240 What is this company's magnitude of operating leverage? (o not round intermediate calculations. Round your final answer to 2 decimal places.) O 0.25 O 0.24 4.18 O 3.92

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