Evaluate what is the degree of operating leverage

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Problem 1: You estimate that your soy farm will generate 0.9 million of profits on sales of 7.4 million under normal economic conditions. If sales turn out to by 7.2 million, profits are expected to be 0.7 million. What is the degree of operating leverage? Enter your answer rounded to two decimal places.

Reference no: EM132708405

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