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Assume that the operating results for last year were as follows Sales $930000 less variable expenses 186000 contribution margin less fixed expenses 595200 net operating

Assume that the operating results for last year were as follows

Sales $930000 less variable expenses 186000 contribution margin less fixed expenses 595200 net operating income 148800

1.Compute the degree of operating leverage at the current level of sales

2. The president expects sales to increase by 30% next year by how much should net operating income increase

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