Tanigawa Inc. has an operating leverage of 8.7. If the company's sales increase by 8%, its net operating income should increase by about:
A. 69.6%
B. 8.7%
C. 108.8%
D. 8.0%
Answer: A
Tanigawa Inc. has an operating leverage of 8.7. If the company's sales increase by 8%, its net operating income should increase by about:
A. 69.6%
B. 8.7%
C. 108.8%
D. 8.0%
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.