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michellealvarez985
06.04.2020 •
Business
Serfass Corporation's contribution format income statement for July appears below: Sales $353,800 Variable expenses 194,590 Contribution margin 159, 210 Fixed expenses 65,280 Net operating income $93,930 The degree of operating leverage is closest to: The degree of operating leverage is closest to:a. 0.27 b. 0.59 c. 2.22 d. 1.6
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Ответ:
The correct answer is option (d).
Explanation:
According to the scenario, the Computation of the given data are as follows:
We can calculate the degree of operating leverage by using following formula:
Degree of operating leverage = Contribution margin ÷ Operating income
Where, Contribution Margin = 159,210
Operating income = $93,930
So, by putting the value we get,
Degree of operating leverage = 159,210 ÷ 93,930
= 1.69
Ответ:
No she would only be able to fit 729, because 9^2 equals 81, and 81*9 equals 729.