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Clarke Corporation has reported a Net Operating Income of $109,703 for the month ended 2/28/2021. Management would like to implement a new marketing strategy using
Clarke Corporation has reported a Net Operating Income of $109,703 for the month ended 2/28/2021. Management would like to implement a new marketing strategy using the existing salesforce to increase sales volume without impacting the contribution margin. If the company has also calculated a degree of operating leverage (DOL) of 3.56, then what would be the new Net Operating Income (NOI) after a 10% increase in sales volume?
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