Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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DAR, Incorporated sells cutlery generating pretax profits of $6,928,000. It
depreciated $2,480,000 in assets this year, had fixed costs of $2,070,000, and
variable costs of $2,278,000. What is DAR's degree of operating leverage?
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