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Mathematics, 28.03.2021 01:00 greyxxamber
Serfass Corporation's contribution format Income statement for July appears below:
9
Sales
Variable expenses
Contribution margin
Fixed expenses
Net operating income
$371,000
148,400
222,600
64,550
$ 158,050
The degree of operating leverage is closest to:
Multiple Choice
A. 0.43. B. 0.71. C. 1.67. D. 1.41
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Serfass Corporation's contribution format Income statement for July appears below:
9
Sales
Sales
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