Centex, a producer of telephone systems for small businesses, has current sales of $43 million and variable operating costs of $27.95 million. Centex expects to increase sales in the coming year by 15% while keeping fixed operating costs constant at $9.1 million. What is the DOL for Centex? a. 2.11 b. 3.31 c. 1.0 d. none
Centex, a producer of telephone systems for small businesses, has current sales of $43 million and variable operating costs of $27.95 million. Centex expects to increase sales in the coming year by 15% while keeping fixed operating costs constant at $9.1 million. What is the DOL for Centex? a. 2.11 b. 3.31 c. 1.0 d. none
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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