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mickied mickied
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2 months ago
Mandy's Candies' income statement for last month is given below. What is Mandy's degree of operating leverage?

Sales$350,000
Variable expenses 175,000
Contribution margin175,000
Fixed expenses 150,000
Operating income$ 25,000


▸ 2.0

▸ 1.0

▸ 3.5

▸ 7.0
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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kitty123kitty123
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2 months ago
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More solutions for this book are available here
7.0

$175,000 ÷ $25,000 = 7.0
1

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mickied Author
wrote...

2 months ago
Good timing, thanks!
Shuqin
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Yesterday
this is exactly what I needed
Katey_maree
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2 hours ago
This helped my grade so much Perfect
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