Question: please, show your work A company achieved a target operating income of $30,000 last year. Variable expenses are 70% of sales and fixed expenses are

 please, show your work A company achieved a target operating income

please, show your work of $30,000 last year. Variable expenses are 70% of sales and fixed

A company achieved a target operating income of $30,000 last year. Variable expenses are 70% of sales and fixed expenses are $7,500 The company's sales volume declined by 32% this year. Assuming that there is no change in total fixed expenses, compute the Degree of operating leverage this year. (Round to the two nearest decimal places) ANS

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