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Complex Inc. produces microprocessors for laptops. Last year, the company recognized revenues of $2,000,000. Total...

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Accounting

Complex Inc. produces microprocessors for laptops. Last year, the company recognized revenues of $2,000,000. Total costs for the period were $1,000,000, of which $250,000 were fixed. Which of the following is Compexs operating leverage for the year? Select one: a. 0.88 b. 1 c. 0.63 d. 1.25

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