Wilkinson Ltd. reports the following data: Sales 910,000 Variable costs 438,000 Contribution margin 472,000 Fixed costs 160,000 Income from operations 312,000 Determine Wilkinson Ltd.'s operating leverage. Round your answer to one decimal place.
Wilkinson Ltd. reports the following data: Sales 910,000 Variable costs 438,000 Contribution margin 472,000 Fixed costs 160,000 Income from operations 312,000 Determine Wilkinson Ltd.'s operating leverage. Round your answer to one decimal place.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Wilkinson Ltd. reports the following data:
Sales
910,000
Variable costs
438,000
Contribution margin
472,000
Fixed costs
160,000
Income from operations 312,000
Determine Wilkinson Ltd.'s operating leverage. Round
your answer to one decimal place.
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