Sale revenues of Boston Autos are $380,000, variable cost is $230,000, and fixed cost is $90,000. Please
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Sale revenues of Boston Autos are $380,000, variable cost is $230,000, and fixed cost is $90,000.Please show your calculations!
- Calculate the degree of operating leverage of the company.
- If the company's sales increase by 20%, what is the percentage increase in its net operating income?
Expert Answer:
Answer rating: 100% (QA)
To calculate the degree of operating leverage DOL we need to use the following formula DOL Contribut... View the full answer
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