Question: I need guidance with this general accounting problem using the right accounting principles. The October contribution format income statement of Horizon Corporation appears below: Sales:

I need guidance with this general accounting problem using the right accounting principles.

The October contribution format income statement of Horizon Corporation appears below: Sales: $1,250,000 Variable expenses: $750,000 Contribution margin: $500,000 Fixed expenses: $350,000 Net operating income: $150,000 What is the degree of operating leverage for Horizon Corporation

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