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Austin's Bookstore sells marketing textbooks for $150 each. Normal annual sales is 28,000 textbooks, generating $600,000 of profits on sales. The degree of operating

Austin's Bookstore sells marketing textbooks for $150 each. Normal annual sales is 28,000 textbooks, generating $600,000 of profits on sales. The degree of operating leverage is 3.5. What will profits be if sales were 27,000? Answer:

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