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The Operating Leverage for ABC Corporation Is Currently 125

question 10

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The operating leverage for ABC Corporation is currently 125%.Given the information below,what was the growth rate in sales for 2004?
The operating leverage for ABC Corporation is currently 125%.Given the information below,what was the growth rate in sales for 2004?   A)  20% B)  18% C)  16% D)  12%

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Definitions:

Services

are intangible products such as healthcare, education, and financial advice that fulfill consumer needs and wants without resulting in the ownership of physical goods.

Tertiary Sector

The segment of the economy that provides services rather than goods, including industries such as retail, healthcare, and education.

Primary Sector

Refers to the part of the economy that is involved in the extraction and production of raw materials, such as mining, agriculture, and forestry.

Farming

The practice of cultivating plants and livestock to produce food, fiber, and other products.

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