Question: Operating leverage (S10.2) You estimate that your business will generate $1 million of profits on sales of $4 million and that the degree of operating

 Operating leverage (S10.2) You estimate that your business will generate $1

Operating leverage (S10.2) You estimate that your business will generate $1 million of profits on sales of $4 million and that the degree of operating leverage is 8 . What are the profits if sales turn out to be $3.5 million? \$1.0 million \$0.0 million \$0.5 million -\$1.0 million

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