Bucket Corporation had the following income statement: Sales $53,000 Less: Variable costs $28,000 Contribution margin $25,000 Less: Fixed costs $16,000 Net income $9,000 Bucket's operating leverage is

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter14: Capital Structure Management In Practice
Section: Chapter Questions
Problem 11P
Question

Bucket 's operating leverage is?

Bucket Corporation had the following income
statement:
Sales
$53,000
Less: Variable costs $28,000
Contribution margin $25,000
Less: Fixed costs
$16,000
Net income
$9,000
Bucket's operating leverage is
Transcribed Image Text:Bucket Corporation had the following income statement: Sales $53,000 Less: Variable costs $28,000 Contribution margin $25,000 Less: Fixed costs $16,000 Net income $9,000 Bucket's operating leverage is
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