If Sales Are $300,000,variable Costs Are 60% of Sales,and Operating

question 81

Multiple Choice

If sales are $300,000,variable costs are 60% of sales,and operating income is $40,000,what is the operating leverage?

• A)3.000
• B)7.500
• C)1.875
• D)4.500

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Definitions:

Identity Formation

The process by which an individual develops a distinct personality and sense of self, influenced by various social and personal factors.

Mate Selection

The process by which individuals choose partners with whom to form a romantic or sexual relationship.

Aggression

Behavior aimed at causing harm or pain to others, which can be physical or verbal and motivated by various factors including frustration or social dynamics.

Social Structure

The structured arrangement of societal connections and social organizations that collectively form a society.