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Question 13 A company has a 20% contribution margin ratio and degree of operating leverage of 4. Its fixed costs are $15,000. Assume that sales

Question 13 A company has a 20% contribution margin ratio and degree of operating leverage of 4. Its fixed costs are $15,000. Assume that sales go up by $30,000 or 30%. Then, the company's profit will go up by: D. $9,000 A. 80% B. 6% Selected Answer: Answers: C. $7,200 D. $9,000 E, 120%
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Selectind Arower D. $9,000 Nimere Asow. a.es c. 57,200 D. $9000 e. 120%

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