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A company reported the following information for the previous month: Sales $100,000 Variable Costs 25,000 Fixed Costs 50,000 Operating Income 25,000 Required: The projected operating
A company reported the following information for the previous month:
Sales $100,000
Variable Costs 25,000
Fixed Costs 50,000
Operating Income 25,000
Required: The projected operating income if sales grow 20% in the next month will be
A. $30,000
B. $40,000
C. $60,000
D. 20% higher
E. $10,000
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