Question: You are provided with the following data. Required: Compute the CM ratio and variable expense ratio. Compute the break - even. Compute the target profit.
You are provided with the following data.
Required:
Compute the CM ratio and variable expense ratio.
Compute the breakeven.
Compute the target profit.
Compute the margin of safety with the original data.
Compute the degree of operating leverage with the original data.
Use the Degree of Operating Leverage to determine the new Net Operating Income if sale
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