Top Posters
Since Sunday
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
jerico jerico
wrote...
Go to Answer
Posts: 4603
Rep: 8 0
9 years ago
If the contribution margin ratio is 0.40, targeted operating income is $80,000, and targeted sales volume in dollars is $500,000, then the degree of operating leverage is ________.
A) 1.50 times
B) 2.00 times
C) 2.50 times
D) 3.00 times
Textbook 
Cost Accounting

Cost Accounting


Edition: 14th
Authors:
Read 565 times
3 Replies
Replies
Answer verified by a subject expert
cyborgcyborg
wrote...
#1
Top Poster
Posts: 4566
Rep: 218 1
9 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

jerico Author
wrote...
#2
9 years ago
I can confidently say that it looks and sounds right lol Thank you Slight Smile Give this man a thumbs up.
wrote...
#3
9 years ago
Sweet, you're welcome.
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1263 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 227
  
 151
  
 1010
Your Opinion
Where do you get your textbooks?
Votes: 372
Previous poll results: Should Ph.D.'s be addressed as doctors?