What is nowitzki degree of operating leverage

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Nowitzki Corporation sells sets of encyclopedias. Nowitzki sold 4,000 sets last year at ?25,000 a set. The variable cost per set was ?17,500 and the fixed costs for Nowitzki were ?10,000,000.

Problem 1: What is Nowitzki's degree of operating leverage?

Reference no: EM132793229

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