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nting (Summer 2021) sec. 01 In the most recent year, Flamino Corporation's total sales revenue was $400,000 and the total variable cost was $315,200 and

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nting (Summer 2021) sec. 01 In the most recent year, Flamino Corporation's total sales revenue was $400,000 and the total variable cost was $315,200 and its net operating income of $21,200. Required: a. Compute the degree of operating leverage. b. Using the degree of operating leverage, estimate the percentage change in net operating income that should result from a 10% increase in sales

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