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What does it mean when a company has an operating leverage of 5? 1% change in sales and contribution margin will result in a 5%
What does it mean when a company has an operating leverage of 5? 1% change in sales and contribution margin will result in a 5% change in Net Income. 5% change in sales and contribution margin will result in a 1% change in Net Income. The company is low risk because the company has a low proportion of fixed costs. None of the above
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