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(Degree of Operating Leverage) Brackets, Inc. currently anticipates that if they had a 9 percent increase in sales, net operating profits would increase by 65
(Degree of Operating Leverage) Brackets, Inc. currently anticipates that if they had a 9 percent increase in sales, net operating profits would increase by 65 percent. Brackets' NOI is $15.5 million, what level of fixed costs do they have? The company's level of fixed costs is $ million. (Round to one decimal place.)
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