The magnitude of operating leverage for blue ridge corporation is 2.8 when sales are $160,000 and net income is $32,000. if sales decrease by 6%, net income is expected to decrease by what amount?
The magnitude of operating leverage for blue ridge corporation is 2.8 when sales are $160,000 and net income is $32,000. if sales decrease by 6%, net income is expected to decrease by what amount?
Chapter14: Capital Structure Management In Practice
Section: Chapter Questions
Problem 10P
Question
I want to correct answer general accounting

Transcribed Image Text:The magnitude of operating leverage for blue
ridge corporation is 2.8 when sales are $160,000
and net income is $32,000. if sales decrease by 6%,
net income is expected to decrease by what
amount?
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