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Multiple Choice Assume the following (1) contribution margin = $150,000 (2) net operating Income = $15,000, and (3) sales Increase by 4%. Given these

Multiple Choice Assume the following (1) contribution margin = $150,000 (2) net operating Income = $15,000, and (3) sales Increase by 4%. Given these three assumptions, net operating Income will increase by: 40%. 0%. 38%. 4%.

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