Harley Company has sales of $500,000,variable costs are 75% of sales, and operating income is $40,000.What is

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Harley Company has sales of $500,000,variable costs are 75% of sales, and operating income is $40,000.What is Harley's operating leverage?
A) 0.0
B) 1.2
C) 1.3
D) 3.1

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Principles of Finance

ISBN: 978-1285429649

6th edition

Authors: Scott Besley, Eugene F. Brigham

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Posted Date: Jan 15, 2021 02:04 AM

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Harley Company has sales of $500,000,variable costs are 75% of sales, and operating income is $40,000.What is

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Principles of Finance

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