Techwave Solutions, a manufacturer of wireless routers, has the following financial data: . Current annual sales: $75 million Variable operating costs: $48.75 million Fixed operating costs: $15 million Expected sales increase next year: 20% Calculate Techwave's Degree of Operating Leverage (DOL) and select the correct answer: a. 2.45 b. 2.85 c. 3.15 d. None of the above
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