Multiple Choice
Use the following information for questions
Mercantile Corporation has sales of $2,000,000, variable costs of $800,000, and fixed costs of $900,000.
-Mercantile's degree of operating leverage is
A) 1.33.
B) 1.67.
C) 1.50.
D) 4.00.
Correct Answer:
Verified
Correct Answer:
Verified
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