Laramie corporations income statement is presented below
Question - Laramie Corporation's income statement is presented below:
Sales $40,000
Less variable costs -28,000
Contribution margin $12,000
Less fixed costs - 8,000
Net Income $ 4,000
What is Laramie's operating leverage?
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question - laramie corporations income statement is presented belowsales 40000less variable costs -28000contribution
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