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Singh Co. reports a contribution margin of $960,000 and fixed costs of $720,000. (1) Compute the company's degree of operating leverage. (2) If sales increase

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Singh Co. reports a contribution margin of $960,000 and fixed costs of $720,000. (1) Compute the company's degree of operating leverage. (2) If sales increase by 15%, what amount of income will Singh Co. report

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