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bernie2981 bernie2981
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7 years ago
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
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Managerial Accounting

Managerial Accounting


Edition: 4th
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nucleinuclei
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bernie2981 Author
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#2
7 years ago
You're such a dedicated member, I very much appreciate the help.

Marking this solved ✓
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