Exercise D3-15 Hogue Sports Hut provides individual instruction and coaching to children participating in the city's baseball, softball, basketball, and soccer youth leagues. Last year's results were as follows: Sales revenue Variable expenses Contribution margin Fixed expenses Operating income $924,300 645,000 279,300 156,800 $122,500 What is Hogue Sports Hut's degree of operating leverage? (Round answer to 2 decimal place, e.g. 13.25.) Operating leverage 2.28 LINK TO TEXT LINK TO VIDEO If Anna Hogue, the company's president, is successful in increasing sales revenue by 5%, by what percent will the company's operating income increase? (Round answer to 2 decimal place,e.g. 13.25%.) Increase in operating income LINK TO TEXT LINK TO VIDEO