Last year, our company's net operating income (NOi) was $3,700,000. Our Degree of Operating Leverage...
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Last year, our company's net operating income (NOi) was $3,700,000. Our Degree of Operating Leverage (DOL) was 1.80. One of ow major customers went out of business, and we expect our sales to decrease by 50.0%. _ Assuming the same cost structure, our DOL in the current year if sales decrease by 50.0% from last year is closest to
A. 9.0 B. 1.8 C. 3.6 D. 0.9 E. 18.0
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