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Home Q & A Board Other Fields Homework Help Business Accounting
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bernie2981 bernie2981
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Posts: 3810
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8 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
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Managerial Accounting

Managerial Accounting


Edition: 4th
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nucleinuclei
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#1
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8 years ago
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bernie2981 Author
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#2
8 years ago
You're such a dedicated member, I very much appreciate the help.

Marking this solved ✓
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#3
6 years ago
thank you for the help
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