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Other Fields Homework Help Accounting Topic started by: bernie2981 on Nov 15, 2015



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
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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 ✓