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7 Riley Co. has a DOL of 140% and a DFL of 113%. If sales decrease by 12%, what is the expected percentage change in
7 Riley Co. has a DOL of 140% and a DFL of 113%. If sales decrease by 12%, what is the expected percentage change in net income? A. Net income will decrease by 19%. B. Net income will decrease by 25%. C. Net income will stay the same. D. Net income will increase by 25%.
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