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Remi Corp. reported total sales of $550,000, at a price of $40 and per unit variable expenses of $23, for the sales of their single product. Total Per Unit Sales $550,000 $40 Variable Expenses $316,250 $23 Contribution Margin $233,750 $17 Fixed Expenses $155,000 Net Operating Income $78,750 What is the operating leverage at Remi Corp. (Round off to nearest decimal)
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Remi Corp. reported total sales of $550,000, at a price of $40 and per unit variable expenses of $23...
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