Zento Ltd. has the following partial income statement: • . Sales $900,000 = Variable Costs = $540,000 • Fixed Costs = $180,000 What is Zento's degree of operating leverage?
Zento Ltd. has the following partial income statement: • . Sales $900,000 = Variable Costs = $540,000 • Fixed Costs = $180,000 What is Zento's degree of operating leverage?
Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter16: Capital Structure Decisions
Section: Chapter Questions
Problem 2MC
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Transcribed Image Text:Zento Ltd. has the following partial income statement:
•
.
Sales $900,000
=
Variable Costs = $540,000
•
Fixed Costs = $180,000
What is Zento's degree of operating leverage?
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