Current sales $500,000 and current income $80,000. If operating leverage is 3, and the sales next...
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Current sales $500,000 and current income $80,000. If operating leverage is 3, and the sales next period will go up to $600,000, what will be the increase in income? (1 Point) $300,000 O $16,000 $26,667 $48,000 Current sales $500,000 and current income $80,000. If operating leverage is 3, and the sales next period will go up to $600,000, what will be the increase in income? (1 Point) $300,000 O $16,000 $26,667 $48,000
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Degree of opevating leverage 1 Change in operating income 4 Cha... View the full answer
Related Book For
Economics of Money, Banking and Financial Markets
ISBN: 978-0321598905
9th Edition
Authors: Frederic S. Mishkin
Posted Date:
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