Business, 16.03.2020 22:31 deanlmartin

Neeley Grocery has a monthly target operating income of $25,000. Variable expenses are 20% of sales and monthly fixed expenses are $15,000. What is Neeley Grocery's operating leverage factor at the target level of operating income?

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Neeley Grocery has a monthly target operating income of $25,000. Variable expenses are 20% of sales...

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