Question: The Apple Store has experienced a decrease in unit sales from 15,000 tires in 2019 to 10,000 in 2020. The average tire price is $100
The Apple Store has experienced a decrease in unit sales from 15,000 tires in 2019 to 10,000 in 2020. The average tire price is $100 and the variable cost per tire is approximately $70. Hillard's fixed costs are approximately $250,000. What is the impact on Degree of Operating Leverage from the change in annual sales?
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