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Question 14 (2 points) Ingram Ltd. has, for the last 17 years, manufactured tools used in construction. The company has the following information available for

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Question 14 (2 points) Ingram Ltd. has, for the last 17 years, manufactured tools used in construction. The company has the following information available for the past year: Total sales $425,000 Total operating income $38,000 Degree of operating leverage 9.50 If sales decreased by 5%, what is the new operating income? A/

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