estaurant's contribution margin is $5 sandwich, and its total operating profit for the yea slate its degree of operating leverage if 5,000 sandwiches were sold. ct one: a. 12.5 times b. 10 times c. 5.5 times estaurant's contribution margin is $5/sandwich, and its total operating profit for the yeaulate its degree of operating leverage if 5,000 sandwiches were sold.ct one:a. 12.5 timesb. 10 timesc. 5.5 timesd 15 times

Answer: b. 10 timesExplanation:Answer: b. 10 timesCalculations:Degree of operating leverage (DOL) =…

estaurant's contribution margin is $5/sandwich, and its total operating profit for the yea ulate its degree of operating leverage if 5,000 sandwiches were sold. ct one: a. 12.5 times b. 10 times c. 5.5 times d 15 times

estaurant's contribution margin is $5/sandwich, and its total operating profit for the yea ulate its degree of operating leverage if 5,000 sandwiches were sold. ct one: a. 12.5 times b. 10 times c. 5.5 times d 15 times

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

estaurant's contribution margin is $5 sandwich, and its total operating profit for the yea slate its degree of operating leverage if 5,000 sandwiches were sold. ct one: a. 12.5 times b. 10 times c. 5.5 times

estaurant's contribution margin is $5/sandwich, and its total operating profit for the yea
ulate its degree of operating leverage if 5,000 sandwiches were sold.
ct one:
a. 12.5 times
b. 10 times
c. 5.5 times
d 15 times

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