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Last year, Cayman Corporation had sales of $ 6 million, total variable costs of $ 2 million, and total fixed costs of $ 1 million.
Last year, Cayman Corporation had sales of $ million, total variable costs of $ million, and total fixed costs of $ million. In addition, they paid $ in interest to bondholders. Cayman has a marginal tax rate. If Cayman's sales increase what should be the increase in operating income? Should be a percentage
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