Sperberg Corporation's operating leverage is 3.7. If the company's sales increase by 12%, its net operating income should increase by about:
A. 44.4%
B. 3.7%
C. 12.0%
D. 30.8%
Answer: A
Sperberg Corporation's operating leverage is 3.7. If the company's sales increase by 12%, its net operating income should increase by about:
A. 44.4%
B. 3.7%
C. 12.0%
D. 30.8%
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.