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Saved Hel The following income statement is provided for Vargas, Inc. Sales revenue (2,400 units * $19.90 per unit) Cost of goods sold (variable; 2,400
Saved Hel The following income statement is provided for Vargas, Inc. Sales revenue (2,400 units * $19.90 per unit) Cost of goods sold (variable; 2,400 units * $9.90 per unit) Cost of goods sold (fixed) Gross margin Administrative salaries Depreciation Supplies (2,400 units * $1.90 per unit) Net income $ 47,760 (23,760) (3,900) 20,100 (5,900) (4,900) (4,560) $ 4,740 What is this company's magnitude of operating leverage? Multiple Choice 0 0.24 0.25 What is this company's magnitude of operating leverage? Multiple Choice 0.24 0.25 4.10 4.24
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