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Title: Neeley Grocery has a monthly target operating income of $25,000. Variable expenses are 20% of sales Post by: bernie2981 on Nov 15, 2015 Neeley Grocery has a monthly target operating income of $25,000. Variable expenses are 20% of sales and monthly fixed expenses are $15,000. What is Neeley Grocery's operating leverage factor at the target level of operating income?
A) 0.63 B) 1.60 C) 0.40 D) 2.67 Title: Re: Neeley Grocery has a monthly target operating income of $25,000. Variable expenses are 20% of sa Post by: nuclei on Nov 19, 2015 Content hidden
Title: Re: Neeley Grocery has a monthly target operating income of $25,000. Variable expenses are 20% of sales Post by: bernie2981 on Dec 1, 2015 You're such a dedicated member, I very much appreciate the help.
Marking this solved ✓ Title: Re: Neeley Grocery has a monthly target operating income of $25,000. Variable expenses are 20% of ... Post by: ohsofosaifj on Oct 20, 2018 thank you for the help
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