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From the following information, compute percent change in operating income for the current year. Sales for the previous year $367,000 Contribution margin 116,000 Fixed costs
From the following information, compute percent change in operating income for the current year. Sales for the previous year $367,000 Contribution margin 116,000 Fixed costs 145,000 Operating income 35,000 Assume that sales for the current year increased by 20%. a. 66% b. 70% c. 57% d. 73%
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