At a sales level of $350,000, the magnitude of operating leverage for Byte Tech Solutions is 2.5. If sales increase by 15%, profits (net income) will increase by: a. 15% b. 25% c. 37.5% d. 40%
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- Can you please solve this issueDivision Y has generated sales revenue of $260,000 and achieved operating income of $18,500 using $20,000 of invested assets. If management desires a minimum rate of return of 10%, the profit margin would be _____. a.14.4% b.19.5% c.7.1% d.10.2%At a sales level of $270,000, the magnitude of operating leverage for Donuts unlimited is 1.5.
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