
Survey of Accounting (Accounting I)
8th Edition
ISBN: 9781305961883
Author: Carl Warren
Publisher: Cengage Learning
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Transcribed Image Text:The Snape Corporation has the following data for 2014:
Selling price per unit $10
Variable costs per unit $6
Fixed costs
Units sold
$20,000
12,000
Snape's 2014 operating leverage is:
a) 0.50
b) 2.00
c) 4.00
d) 1.71
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