Tom Company reports the following data: Sales $291,346 Variable costs 151,946 Fixed costs 57,400 Determine Tom Company's operating leverage. Round your answer to one decimal place. fill in the blank 1

Tom Company reports the following data: Sales $291,346 Variable costs 151,946 Fixed costs 57,400 Determine Tom Company's operating leverage. Round your answer to one decimal place. fill in the blank 1

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Tom Company reports the following data:

Sales $291,346

Variable costs 151,946

Fixed costs 57,400

Determine Tom Company's operating leverage. Round your answer to one decimal place.
fill in the blank 1

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