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Stien Inc. manufactures recycling boxes. The company has the following information available for the past year: Total sales Total operating income Degree of operating
Stien Inc. manufactures recycling boxes. The company has the following information available for the past year: Total sales Total operating income Degree of operating leverage $455,000 $42,000 5.50 If sales decreased by 15%, what is the new operating income?
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To calculate the new operating income when sales decrease by 15 we can use the Degree of ...
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