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Innsbruck Company's October 2022 monthly income statement is given below: Required: 1. Compute the company's degree of operating leverage. 2. Using the degree of operating

image text in transcribed Innsbruck Company's October 2022 monthly income statement is given below: Required: 1. Compute the company's degree of operating leverage. 2. Using the degree of operating leverage, estimate the impact on net income of a 10% increase in sales. 3. Verify your estimate from Requirement (2) by constructing a new income statement for the company assuming a 10% increase in sales

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