Question: Operating Leverage Teague Co. reports the following data: Sales $960,000 Variable costs 547,200 Contribution margin $412,800 Fixed costs 265,400 Income from operations $147,400 Determine
Operating Leverage Teague Co. reports the following data: Sales $960,000 Variable costs 547,200 Contribution margin $412,800 Fixed costs 265,400 Income from operations $147,400 Determine Teague Co.'s operating leverage. Round your answer to one decimal place.
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