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Question
Marcus Corporation currently sells 150,000 units per year at a price of $4.00 a unit. Its variable costs are 30 percent of sales, and its fixed operating costs are $300,000. What is Marcus's degree of operating leverage (DOL) at sales equal to 150,000 units?
a. 1.4
b. 2.2
c. 3.5
d. 2.0
e. 5.0
Answer
This answer is hidden. It contains 1 characters.
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