Alpine Corp's sales are $800,000, variable costs are 60% of sales, and operating income is $120,000. Calculate the operating leverage.

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter14: Capital Structure Management In Practice
Section: Chapter Questions
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i need this question answer General accounting question

Alpine Corp's sales are $800,000, variable costs are 60%
of sales, and operating income is $120,000. Calculate the
operating leverage.
Transcribed Image Text:Alpine Corp's sales are $800,000, variable costs are 60% of sales, and operating income is $120,000. Calculate the operating leverage.
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