Hii expert I need this.question Ans please given answer general Accounting TechVision Electronics has fixed costs of $850,000 and depreciation expenses of$400,000. The company is projected to generate $450,000 in profits.What is its degree of operating leverage (DOL)?a. 2.56 b. 3.78 c. 2.78 d. 2.92

Step 1: Define Degree of Operating Leverage (DOL)Degree of Operating Leverage (DOL) is a financial…

Answered: TechVision Electronics has fixed costs…

FINANCIAL ACCOUNTING

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ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

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TechVision Electronics has fixed costs of $850,000 and depreciation expenses of $400,000. The company is projected to generate $450,000 in profits. What is its degree of operating leverage (DOL)? a. 2.56 b. 3.78 c. 2.78 d. 2.92