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Assume the following: 1 . contribution margin = $ 1 5 0 , 0 0 0 2 . net operating income = $ 1 5

Assume the following:
1. contribution margin = $150,000
2. net operating income = $15,000
3. sales increase by 21%
Given these three assumptions, net
operating income will increase by:
A.2%
B.210%
C.7%
D.21%

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