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For a recent year, Wicker Company-owned restaurants had the following sales and expenses (in Millions): Sales $22,700 Food and packaging $5,692 Payroll 5,700 Occupancy (rent,

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For a recent year, Wicker Company-owned restaurants had the following sales and expenses (in Millions): Sales $22,700 Food and packaging $5,692 Payroll 5,700 Occupancy (rent, depreciation, etc.) 7,328 General, selling, and administrative expenses 3,300 $22,020 Income from operations $680 Assume that the variable costs consist of food and packaging, payroll, and 40% of the general, selling and administrative expenses. a. What is Wicker Company's contribution margin? Round to the nearest million. (Give answer in millions of dollars.) million b. What is Wicker Company's contribution margin ratio? Round to one decimal place. 9 c. How much would income from operations increase if same-store sales increased by $1,400 million for the coming year, with no change in the contribution margin ratio or foxed costs? Round your answer to the closest million. mision

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