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Morgan Inc. manufactures ergonomically correct office chairs. They have a contribution margin of $110,000 and fixed expenses of $28,500. They are adding a warehouse space that will add $20,000 to their fixed expenses. What is their DOL after adding this new expense? O 2.50 O 1.35 O 1.79 O 2.27

Morgan Inc. manufactures ergonomically correct office chairs. They have a contribution margin of $110,000 and fixed expenses of $28,500. They are adding a warehouse space that will add $20,000 to their fixed expenses. What is their DOL after adding this new expense? O 2.50 O 1.35 O 1.79 O 2.27

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Morgan Inc. manufactures ergonomically correct office chairs. They have a contribution margin of $110,000 and fixed expenses of $28,500. They are adding a warehouse space that will add $20,000 to their fixed expenses. What is their DOL after adding this new expense? O 2.50 O 1.35 O 1.79 O 2.27
Transcribed Image Text:Morgan Inc. manufactures ergonomically correct office chairs. They have a contribution margin of $110,000 and fixed expenses of $28,500. They are adding a warehouse space that will add $20,000 to their fixed expenses. What is their DOL after adding this new expense? O 2.50 O 1.35 O 1.79 O 2.27
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