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papahomer papahomer
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Posts: 484
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6 years ago
Actual 2014 figures and forecasted 2015 figures are shown below for HEMOPath Labs

   Actual 2014   Forecast 2015
Sales   $6,000,000   $6,480,000
Total Variable Costs   3,600,000   3,888,000
Total Fixed Costs   2,000,000   2,000,000
NOI   ?   ?
DOL      
      

Compute Compute HEMOPath's degree of operating leverage (DOL) in 2014.
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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vanrheevanrhee
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Posts: 718
6 years ago
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papahomer Author
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6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Yesterday
Good timing, thanks!
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2 hours ago
You make an excellent tutor!
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