Multiple Choice
Charlestown Marina's forecasts indicate that if slip rentals equal $500,000, net operating income will be $25,000 and if rentals equal $525,000, net operating income will be $37,500. What is Charletown's degree of operating leverage?
A) 2
B) 10
C) .05
D) .10
Correct Answer:
Verified
Correct Answer:
Verified
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