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Last year Baker-Huggy Inc. had fixed costs of $130,000 and net operating income of $25,000. If sales increase by 20 percent, by how much will
Last year Baker-Huggy Inc. had fixed costs of $130,000 and net operating income of $25,000.
If sales increase by 20 percent, by how much will the firm's NOI increase? What would happen to the firm's NOI if sales decreased by 20 percent?
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