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In the most recent month, Shoemaker Corporation's total contribution margin was $ 2 9 , 6 0 0 and its net operating income $ 3
In the most recent month, Shoemaker Corporation's total contribution margin was $ and its net operating income $
Required:
a Compute the degree of operating leverage to two decimal places.
b Using the degree of operating leverage, estimate the percentage change in net operating income that should result from a increase in sales.
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