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Aries Incorporated has sales of $205,000, a contribution margin of $75,400 and fixed costs of$20,000. If Aries would like to increase its operating income by
Aries Incorporated has sales of $205,000, a contribution margin of $75,400 and fixed costs of$20,000. If Aries would like to increase its operating income by 35%, it must increase its sales by
a.
31.59%
b.
25.72%
c.
10%
d.
36.78%
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