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:
Present Value
Present value is the current worth of a future sum of money or stream of cash flows given a specified rate of return.
Net Cash Flows
The difference between a company's cash inflows and outflows over a specific period.
Accounting Rate
Typically refers to the rate of return or interest rate used in financial calculations, such as net present value or internal rate of return.
Straight-Line Method
A method of calculating depreciation of an asset, which involves evenly spreading the cost of the asset over its useful life.
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