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33 Lincoln Lodging Inc estimates that if its sales increase 10.00% then its net income will increase 21.50%. The company's EBIT equals $2.7 million, and
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Lincoln Lodging Inc estimates that if its sales increase 10.00% then its net income will increase 21.50%. The company's EBIT equals $2.7 million, and its interest expense is $700,000. The company's operating costs include fixed and variable costs. What is the level of the company's fixed operating costs? Do not round intermediate calculations. Ola, 52.405,000 . O b.5945,000 0 52.300,000 od 5900.000 O 51.600,000 Step by Step Solution
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