Aurora Manufacturing has the following data for 2023: • Selling price per unit: $15 • Variable cost per unit: $9 • Fixed costs: $30,000 Units sold: 18,000 What is Aurora's 2023 operating leverage? Options: a) 0.65 b) 2.50 c) 3.00 d) 1.85

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter4: Preparing And Using Financial Statements
Section: Chapter Questions
Problem 1gM
icon
Related questions
Question

What is aurora 2023 opereting leverage?

Aurora Manufacturing has the following data for 2023:
•
Selling price per unit: $15
• Variable cost per unit: $9
•
Fixed costs: $30,000
Units sold: 18,000
What is Aurora's 2023 operating leverage?
Options:
a) 0.65
b) 2.50
c) 3.00
d) 1.85
Transcribed Image Text:Aurora Manufacturing has the following data for 2023: • Selling price per unit: $15 • Variable cost per unit: $9 • Fixed costs: $30,000 Units sold: 18,000 What is Aurora's 2023 operating leverage? Options: a) 0.65 b) 2.50 c) 3.00 d) 1.85
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Entrepreneurial Finance
Entrepreneurial Finance
Finance
ISBN:
9781337635653
Author:
Leach
Publisher:
Cengage