Tina Corporation reports a total contribution margin of $95,000 and pretax net income of $19,000 for the current quarter. The degree of operating leverage is

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter13: Capital Structure Concepts
Section: Chapter Questions
Problem 6P
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Please provide the answer to this financial accounting question using the right approach.

Tina Corporation reports a total
contribution margin of $95,000
and pretax net income of
$19,000 for the current quarter.
The degree of operating leverage
is
Transcribed Image Text:Tina Corporation reports a total contribution margin of $95,000 and pretax net income of $19,000 for the current quarter. The degree of operating leverage is
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