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CCN Inc, reported a net income of $50,000 when it sold goods worth $200,000. The operating leverage of the company is 10. What will be
CCN Inc, reported a net income of $50,000 when it sold goods worth $200,000. The operating leverage of the company is 10. What will be the net income of the company if the sale increases by 5%? a. $50,000 b. $ 25,000 c. $30,000 d. None of the answers are correct
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Research Methods In Accounting
Authors: Malcolm Smith
6th Edition
1529779774, 978-1529779776
