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If sales are $525,000, variable costs are 64% of sales,and operating income is $50,000, calculate the following; a. CM ratio ; b. degree of operating

If sales are $525,000, variable costs are 64% of sales,and operating income is $50,000, calculate the following; a. CM ratio ; b. degree of operating leverage; and c. the impact ofa 20% increase in sales

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