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The February contribution format income statement of Caines Corporation appears below: Sales $ 259,200 Variable expenses 176,400 Contribution margin 82,800 Fixed expenses 59,100 Net operating
The February contribution format income statement of Caines Corporation appears below: Sales $ 259,200 Variable expenses 176,400 Contribution margin 82,800 Fixed expenses 59,100 Net operating income $ 23,700 If the company's sales increase by 18%, its net operating income should increase by about:
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