Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 369,000 147,600 221,400 55,350 $ 166,050 The degree of operating leverage is closest to:
Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 369,000 147,600 221,400 55,350 $ 166,050 The degree of operating leverage is closest to:
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:Sales
Variable expenses
Contribution margin
Fixed expenses
Net operating income
$ 369,000
147,600
221,400
55,350
$ 166,050
The degree of operating leverage is closest to:
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