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Rickos Rickos
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Posts: 1281
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7 years ago
Quineboag Textiles In. has calculated it's degree of operating leverage at 3.00.  If Quineboag can increase sales from $5,000,000 to $5,250,000, operating income should increase from $500,000 to
A) $515,000
B) $650,000
C) $1,500,000
D) $575,000
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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LutionalLutional
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Posts: 752
7 years ago
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4 years ago
thank you
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