sales are $450,000, variable costs are 55% of sales, and operating income is $75,000, what is the operating leverage? a. 2.667 b. 4.000 c. 3.273 d. 5.125
sales are $450,000, variable costs are 55% of sales, and operating income is $75,000, what is the operating leverage? a. 2.667 b. 4.000 c. 3.273 d. 5.125
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
general accounting
Transcribed Image Text:sales are $450,000, variable costs are 55% of sales, and
operating income is $75,000, what is the operating
leverage?
a. 2.667
b. 4.000
c. 3.273
d. 5.125
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