NM Co. Ltd., reported sales for the year 50 lakh and variable cost ratio is 57% and fixed cost of admin and selling and distribution as 9.50 and 4.80 and 3.90 lakh, respectively. The resulting operating leverage is:
CS Executive · Financial and Strategic Management · PYQS · December 2021
NM Co. Ltd., reported sales for the year 50 lakh and variable cost ratio is 57% and fixed cost of admin and selling and distribution as 9.50 and 4.80 and 3.90 lakh, respectively. The resulting operating leverage is:
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: Financial Management
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