Use the Following Information for Questions

question 7

Multiple Choice

Use the following information for questions
Mercantile Corporation has sales of $2,000,000, variable costs of $800,000, and fixed costs of $900,000.
-Mercantile's degree of operating leverage is

• A) 1.33.
• B) 1.67.
• C) 1.50.
• D) 4.00.

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Definitions:

Gene Targeting

A genetic technique that uses homologous recombination to modify the DNA of a gene to study its function or create a desired mutation.

Homozygous

Referring to an organism possessing two identical alleles for a specific gene, resulting in a uniform expression of that genetic trait.

Down Syndrome

An inherited condition in which individuals have abnormalities of the face, eyelids, tongue, and other parts of the body and exhibit physical and intellectual disability; usually results from trisomy of chromosome 21.

Trisomic

A genetic condition characterized by having three copies of a particular chromosome instead of the normal two.