Question $18$

$1$ pts

Balloon Co$.\text{'}$s magnitude of operating leverage is $1\mathrm{.}8$ when sales are $$200,000$ and net income is $$24,000.$ If sales increase by $5\%,$ what is net income expected to be$?$

$$25,200$

$$26,160$

$$24,667$

$$43,200$accounting