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  3. operating leverage is a.the difference between sal

Operating leverage is a.the difference between sales and variable expense. b.the use of fixed costs...

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Question

Accounting

Operating leverage is

a.the difference between sales and variable expense.

b.the use of fixed costs to extract higher percentage changes in profits as sales activity changes.

c.the portion of each sales dollar available to cover fixed costs and provide for profit.

d.visually portrays the relationship between profits and units sold.

e.none of these

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