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15 Assume the following (1) contribution margin =$150,000 (2) net operating income =$15.000, and (3) sales increase by 7%, Given these three assumptions, net operating

Assume the following (1) contribution margin =$150,000 (2) net operating income =$15.000, and (3) sales increase by 7%, Given these three assumptions, net operating income will increase by: Multiple Choice. 21%. 16. 70%

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