Multiple Choice
Mark Company, Inc. sells electronics. The company generated sales of $45,000. Contribution margin is $20,000 and net income is $4,000. Based on this information, the magnitude of operating leverage is:
A) 2.25 times
B) 11.25 times
C) 5 times
D) 6.25 times
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q54: Pierce Company's break-even point is 12,000 units.Its
Q95: A disadvantage of the high-low method is
Q114: The higher the magnitude of a company's
Q118: Lex Company produces products that it sells
Q125: A company with a completely fixed cost
Q150: Within the relevant range,the fixed cost per
Q161: For the last two years BRC
Q164: The following information is for Gable, Inc.
Q166: Grant Company and Lee Company compete
Q168: If a company has both fixed and