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Accounting: [Operating leverage] Pink Corporation has sales of 1,350 units at $55 per unit. Variable expenses are 44% of the selling price. If total fixed expenses are $23,000, the degree of operating leverage is?

Accounting: [Operating leverage] Pink Corporation has sales of 1,350 units at $55 per unit. Variable expenses are 44% of the selling price. If total fixed expenses are $23,000, the degree of operating leverage is?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter14: Capital Structure Management In Practice
Section: Chapter Questions
Problem 11P
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The degree of operating leverage is ?

Accounting: [Operating leverage] Pink Corporation has sales of 1,350 units at $55 per unit. Variable expenses are 44% of the selling price. If total fixed expenses are $23,000, the degree of operating leverage is?
Transcribed Image Text:Accounting: [Operating leverage] Pink Corporation has sales of 1,350 units at $55 per unit. Variable expenses are 44% of the selling price. If total fixed expenses are $23,000, the degree of operating leverage is?
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