The Long-Life Battery Co. generates $4 million of profits on sales of $10 million and has a
Fantastic news! We've Found the answer you've been seeking!
Question:
The Long-Life Battery Co. generates $4 million of profits on sales of $10 million and has a degree of operating leverage of 3.2. What will profits be if sales increase to $12 million?
Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0077861629
8th edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus
Posted Date: