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Sophie Inc. is showing the following expected results for the sale of her dance book: Using the above information answer the following questions. What is

image text in transcribedimage text in transcribed Sophie Inc. is showing the following expected results for the sale of her dance book: Using the above information answer the following questions. What is the contribution margin ratio? HINT: remember the entry rules for percentages. A What is the break-even in sales dollars? What is the margin of safety in sales dollars? A What is the degree of operating leverage? Entry rules: enter your answer rounded to 2 decimal places. A If sales increase by 15%, by what percentage will the operating income increase? HINT: remember the entry rules for percentages AND remember to use your rounded answer for the degree of operating leverage that you just entered

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