Multiple Choice
Sales in North Corporation increased from $60,000 per year to $63,000 per year while net operating income increased from $10,000 to $12,000. Given this data, the company's degree of operating leverage must have been:
A) 4.0
B) 1.5
C) 5.0
D) 21.0
Correct Answer:
Verified
Correct Answer:
Verified
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