Title: Matthew's Fish Fry has a monthly target operating income of $7,200. Variable expenses are 60% of sal Post by: bernie2981 on Nov 15, 2015 Matthew's Fish Fry has a monthly target operating income of $7,200. Variable expenses are 60% of sales and monthly fixed expenses are $1,800. What is Matthew's operating leverage factor at the target level of operating income?
A) 0.75 B) 5.00 C) 0.80 D) 1.25 Title: Re: Matthew's Fish Fry has a monthly target operating income of $7,200. Variable expenses are 60% of Post by: nuclei on Nov 19, 2015 Content hidden
Title: Re: Matthew's Fish Fry has a monthly target operating income of $7,200. Variable expenses are 60% of sal Post by: bernie2981 on Dec 1, 2015 You're such a dedicated member, I very much appreciate the help.
Marking this solved ✓ |