Question: Tarleton Tea Towels (TIT) wants to estimate the operating leverage it will have if it buys some new embroidery equipment. TIT's sales are estimated at

Tarleton Tea Towels (TIT) wants to estimate the operating leverage it will have if it buys some new embroidery equipment. TIT's sales are estimated at $379.14, the variable costs are $165.84, the fixed cost with the new equipment is $108.83 and the number of Tea towels sold is 37.57. All values are in thousands Estimate TIT's Degree of Operating Leverage. Post your answer with 1 decimal place

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