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2-14 Ostler Company?s net operating income last year was $10,000 and its contribution margin was $50,000. Using the operating leverage concept, if the company?s sales
2-14
Ostler Company?s net operating income last year was $10,000 and its contribution margin was $50,000. Using the operating leverage concept, if the company?s sales increase next year by 8 percent, net operating income can be expected to increase by: 20% 16% 160% 40%Step by Step Solution
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