Hillary's Restaurant has the following information available regarding last year's operations:
$\begin{array}{lr}
\text { Sales }& \$ 900000 \
\text { Variable costs } &\underline{ 300000}\
\text { Contribution margin } &600000 \
\text { Fixed costs } & \underline{175000}\
\text { Net income } & \underline{ \$ 425000}
\end{array}$
The company's operating leverage was:

Question

Hillary's Restaurant has the following information available regarding last year's operations:
$\begin{array}{lr}
\text { Sales }& \$ 900000  \
\text { Variable costs } &\underline{ 300000}\
\text { Contribution margin } &600000 \
\text { Fixed costs } & \underline{175000}\
\text { Net income } & \underline{ \$ 425000}
\end{array}$
The company's operating leverage was:

Quizplus · Accepted Answer

The Answer of Hillary's Restaurant has the following information available regarding last year's operations:
$\begin{array}{lr}
\text { Sales }& \$ 900000  \
\text { Variable costs } &\underline{ 300000}\
\text { Contribution margin } &600000 \
\text { Fixed costs } & \underline{175000}\
\text { Net income } & \underline{ \$ 425000}
\end{array}$
The company's operating leverage was:

Hillary's Restaurant Has the Following Information Available Regarding Last Year's