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Exercise 1 1 - 1 6 A ( Algo ) Assessing the magnitude of operating leverage LO 1 1 - 4 The following income statement

Exercise 11-16A (Algo) Assessing the magnitude of operating leverage LO 11-4
The following income statement applies to Fanning Company for the current year:
\table[[,Income Statement],[Sales revenue units $29,$13,340
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