Mark Company,Inc

question 107

Multiple Choice

Mark Company,Inc.sells electronics.The company generated sales of $45,000.Contribution margin is $20,000 and net income is $4,000.Based on this information,the magnitude of operating leverage is:

• A) 2.25
• B) 11.25
• C) 5.00
• D) 6.25

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Definitions:

Performance Requirements

Specific criteria or standards that must be met within a role or job, outlining the expected level of output or quality of work.

Goal Clarity

The degree to which the objectives set by an individual or organization are precise, understandable, and measurable.

Goal Consistency

The alignment of objectives and targets across different levels or areas within an organization, ensuring that all efforts are directed towards common outcomes.

Goal Difficulty

The level of challenge involved in achieving a specific objective.