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Mandy's Candies' income statement for last month is given below. What is Mandy's degree of ...
mickied
mickied
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Mandy's Candies' income statement for last month is given below. What is Mandy's degree of ...
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 margin
175,000
Fixed expenses
150,000
Operating income
$ 25,000
▸ 2.0
▸ 1.0
▸ 3.5
▸ 7.0
Textbook
Managerial Accounting
Edition:
4
th
Author:
Davis
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More solutions for this book are
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7.0
$175,000 ÷ $25,000 = 7.0
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mickied
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2 months ago
Good timing,
thanks!
Shuqin
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this is exactly what I needed
Katey_maree
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This helped my grade so much
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