Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN: 9781947172609
Author: OpenStax
Publisher: OpenStax College
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Question

What is the operating leverage?

If sales are $380,000, variable costs are 65% of sales, and operating income is $50,000, what is the operating leverage? a. 2.800 b. 3.440 c. 3.200 d. 4.000
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Transcribed Image Text:If sales are $380,000, variable costs are 65% of sales, and operating income is $50,000, what is the operating leverage? a. 2.800 b. 3.440 c. 3.200 d. 4.000
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Principles of Accounting Volume 2
Accounting
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax College
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