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Assume the following (1) contribution margin = $150,000 (2) net operating income = $15,000, and (3) sales increase by 20%. Given these three assumptions,

Assume the following (1) contribution margin = $150,000 (2) net operating income = $15,000, and (3) sales increase by 20%. Given these three assumptions, net operating income will increase by: Multiple Choice 2% 200%. 8% 20%.

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