Question: Please provide the accurate answer to this general accounting problem using valid techniques. Patel Industries produces a single product. Its annual revenue is $2,400,000, and

Please provide the accurate answer to this general accounting problem using valid techniques.

Patel Industries produces a single product. Its annual revenue is $2,400,000, and its net operating profit is $120,000. The company incurs fixed costs of $600,000. What is Patel Industries' degree of operating leverage? a) 3x b) 5x c) 6x d) 7x

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