FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Hh2.
ABC Co. sells chairs for $90 per unit. The variable expenses are $63 per chair and the fixed costs are $135,000 per month. The company sells 8,000 chairs per month.
Compute the degree of leverage if sales increase 0.10%
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