A. If you have two retail clothing stores have the following data:
(Millions) Turner's Clothing Carla's Fashsion
Sales $17 $78
Variable costs 10 50
Fixed Costs __ 4__ __22___
Net Income 3 5
Calculate the percentage change in each retailer net income if sales fall by 35%.
B. Which retail storehas more operating leverage? Explain
This question was answered on: Sep 16, 2020
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