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FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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![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](https://content.bartleby.com/qna-images/question/d176bc26-b7c9-4c85-8712-86b3fb43df84/a3dd1649-0204-441d-85a8-becbb6ea21ee/8abkmmk_thumbnail.jpeg)
Transcribed Image Text: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
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