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Balloon Co.'s magnitude of operating leverage is 1.8 when sales are $200,000 and net income is $24,000. If sales increase by 5%, what is net
Balloon Co.'s magnitude of operating leverage is 1.8 when sales are $200,000 and net income is $24,000. If sales increase by 5%, what is net income expected to be? A. $25,200 B. $26,160 C. $24,667 D. $43,200
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