The following is Addison Corporation's contribution format income statement for last month: 
The company has no beginning or ending inventories. A total of 20,000 units were produced and sold last month.
-What is the company's degree of operating leverage?
Definitions:
Corporate Income Taxes
Taxes imposed on the net income (profits) of corporations, determined by the law of the country in which the corporation is registered.
Government Policies
Guidelines, regulations, and rules implemented by the government to influence the economy or address societal issues.
Vertical Equity
A principle of tax fairness that posits individuals with a greater ability to pay taxes should contribute more, promoting a progressive taxation system.
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