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please help Question 2 10 pts Aqua Corporation had the following income statement for 2018: Sales Variable expenses Contribution margin Fixed expenses Operating income $30,000
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Question 2 10 pts Aqua Corporation had the following income statement for 2018: Sales Variable expenses Contribution margin Fixed expenses Operating income $30,000 15.000 $15,000 5.000 $10.000 Required: 1. Calculate the degree of operating leverage. (Round answer to one decimal place.) (3 points) 2. If sales increase by 30% what will the percentage change in operating income be? (Round answer to two decimal places) (2 points) 3. If sales increase by $6,000, how much will operating income increase? (5 points) Edit View Insert Format Tools Table 12pt Paragraph U ALTY Step by Step Solution
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