lion corporation has provided its contribution former income statement for June. sales 1 2 1 0 0
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Question:
lion corporation has provided its contribution former income statement for June. sales : variable expense : contribution margin : fixed expense : net operating income
Required:
a compute the degree of operating level rate to two decimals.
b using degree of operating leverage estimate the percent change in net operating income that shots result from an increase in sales.
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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