The magnitude of operating leverage for Perkins Corporation is 3.4 when sales are $100,000. If sales increase to $110,000, profits would be expected to increase by what percent? a. 34% b. 2.9% c. 3.4% d. 37%
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- The magnitude of operating leverage for Peterson Industries is 4.2 when sales are $150,000. If sales increase to $165,000, profits would be expected to increase by what percent? Not ChatGPT AnswerThe magnitude of operating leverage for Peterson Industries is 4.2 when sales are $150,000. If sales increase to $165,000, profits would be expected to increase by what percent?Increase by what percent?