Question
30. margin of safety ratio to be 2.5, its operating leverage to be 1.5, and its contribution margin ratio to be 0.55. SixthZ estimates that
30.
margin of safety ratio to be 2.5, its operating leverage to be 1.5, and its contribution margin ratio to be 0.55. SixthZ estimates that it will have an increase in sales of 45% next year. What impact will that have on its operating income?
Group of answer choices
24.75% increase
112.5% increase
67.5% increase
45% increase
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Auditing A Guide To Principles And Practice
Authors: J H Crowhurst
1st Edition
0304309052, 978-0304309054
