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A manufacturing company has the following financial information (in millions of $): a. What is the profit leverage effect of purchasing in this company? (Do

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A manufacturing company has the following financial information (in millions of \$): a. What is the profit leverage effect of purchasing in this company? (Do not round intermediate calculations. Round answer to 1 decimal place.) b. What is the increase in earnings from an 8 percent savings in purchasing? (Do not round intermediate calculations. Round answers to 1 decimal place.)

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