Problem - partial income statement - what is narus


Problem - Partial Income Statement

Sales                                       $1,200,000.00

Less: Variable costs               $700,000.00

Contribution Margin             $500,000.00

Less Fixed costs                     $250, 000.00

Net Operating Income           $250,000.00

What is Naru's operating leverage?

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Accounting Basics: Problem - partial income statement - what is narus
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