Question: Use the information from the Royal Hellenic Cruiseline data set. a. Compute the operating leverage factor when Royal Hellenic Cruiseline sells 12,000 dinner cruises. b.
Use the information from the Royal Hellenic Cruiseline data set.
a. Compute the operating leverage factor when Royal Hellenic Cruiseline sells 12,000 dinner cruises.
b. If volume increases by 10%, by what percentage will operating income increase?
c. If volume decreases by 5%, by what percentage will operating income decrease?

Check sum: (a) Operating leverage is 1.78.
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