a Reconstruct the income statement using the contribution margin format b Calculate the magnitude of operating leverage c Use the measure of operating leverage to determine the amount of net income Walton will earn if sales increase by 2 0 percent

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a . Reconstruct the income statement using the contribution margin format. b . Calculate the magnitude of operating leverage. c . Use the measure of

.

Reconstruct the income statement using the contribution margin format.

.

Calculate the magnitude of operating leverage.

.

Use the measure of operating leverage to determine the amount of net income Walton will earn if sales increase by

20

percent.

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