Use the Information Below to Answer the Following Question(s)

question 43

Multiple Choice

Use the information below to answer the following question(s) .
Southwest Electric Co-op has variable expenses of 20% of sales and monthly fixed expenses of $150,000. The monthly target operating income is $50,000.
-What is Southwest Electric Co-op's operating leverage factor at the target level of operating income?

• A) 1.33
• B) 2.00
• C) 4.00
• D) 0.25

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Definitions:

Chief Marketing Officer

A top executive responsible for an organization's marketing activities, strategies, and overall customer experience.

Vice President of Marketing

A senior executive role responsible for overseeing the development and implementation of marketing strategies, campaigns, and initiatives to promote a company's products or services.

Chief Executive Officer

The highest-ranking executive in a company, responsible for major corporate decisions and overall operations.

Corporate Level

Pertains to the highest strategic decisions and plans that affect the entire organization, often involving actions like acquisitions, mergers, and long-term goal setting.