Mercantile Corporation has sales of $2000000, variable costs of $800000, and fixed costs of $90000O. Mercantile's degree of operating leverage is O 1.69. O 4.00. O 1.33. O 1.50.
Mercantile Corporation has sales of $2000000, variable costs of $800000, and fixed costs of $90000O. Mercantile's degree of operating leverage is O 1.69. O 4.00. O 1.33. O 1.50.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Mercantile Corporation has sales of $2000000, variable costs of $800000, and fixed costs of $900000. Mercantile's degree of
operating leverage is
O 1.69.
O 4.00.
O 1.33.
O 1.50.
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Transcribed Image Text:Mercantile Corporation has sales of $2000000, variable costs of $800000, and fixed costs of $900000. Mercantile's degree of
operating leverage is
O 1.69.
O 4.00.
O 1.33.
O 1.50.
Save for Later
Attempts: 0 of 1 used
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