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bernie2981 bernie2981
wrote...
Posts: 3810
9 years ago
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
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
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nucleinuclei
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Posts: 2158
9 years ago
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bernie2981 Author
wrote...
9 years ago
You're such a dedicated member, I very much appreciate the help.

Marking this solved ✓
wrote...
6 years ago
thank you for the help
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