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Chapter 5 HmWrk Part 1 7 pts) x Engberg Company installs lawn sod in home yards. The company's format income statement follows: most recent monthly

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Chapter 5 HmWrk Part 1 7 pts) x Engberg Company installs lawn sod in home yards. The company's format income statement follows: most recent monthly contribution Sales $137,000 100% parable expenses.. 54,800 40% Contribution margin Fixed expenses 82.200 20,000 60% Net operating income $ 62,200 Required 1. Compute the company's degree of operating leverage. (Round your answer to 2 decimal places.) 2 Using the degree of operating leverage, estimate the impact on net operating income of a 30% increase in sales. (Round your intermediate calculations to 2 decimal places. Round your percentage answer to 2 decimal places (i.e .1234 should be entered as 12.34)-) Net operating income

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