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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 Fised expenses. ................. 59.100

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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 Fised expenses. ................. 59.100 Net operating income.... $123.700 If the company's sales increase by 18%, its net operating income should increase by about: 18% 197% 9% 63%

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