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D Question 2 1 pts Last year. Cayman Corporation had sales of 56 million total variable costs of $2 million, and total fixed costs of

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D Question 2 1 pts Last year. Cayman Corporation had sales of 56 million total variable costs of $2 million, and total fixed costs of $1 million. In addition, they paid $480,000 in interest to bondholders Cayman has a 21% marginal tax rate. If Cayman's sales increase 5%, what should be the increase in operating income? SET YOUR CALCULATOR TO 4 DECIMAL PLACES. ROUND TO 2 DECIMAL PLACES AT THE END. DO NOT ENTER THE SIGN. FOR EXAMPLE, IF YOUR ANSWER IS 9.4567. ENTER IT AS 9.46

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