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Lebron's company net income last year was $10,000 and its contribution margin was $50,000. If the company's sales increase next year by 8%, net income
Lebron's company net income last year was $10,000 and its contribution margin was $50,000. If the company's sales increase next year by 8%, net income can be expected to increase by:
A) $1,900,000 B) $1,666,667 C) $1,250,000 D) $833,333
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