Diggun Limited operates a mining company. For the last operating cycle, the company reports $15,752,325 in sales, and total expenses for the period of $12,335,461. Fixed cost allocated to the month are $2,460,144. Compute the company's dgeree of operating leverage. Round your answer to two decimal places.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Diggun Limited operates a mining company.
For the last operating cycle, the company
reports $15,752,325 in sales, and total
expenses for the period of $12,335,461. Fixed
cost allocated to the month are $2,460,144.
Compute the company's dgeree of operating
leverage. Round your answer to two decimal
places.
Transcribed Image Text:Diggun Limited operates a mining company. For the last operating cycle, the company reports $15,752,325 in sales, and total expenses for the period of $12,335,461. Fixed cost allocated to the month are $2,460,144. Compute the company's dgeree of operating leverage. Round your answer to two decimal places.
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