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The following information for Boston Co. applies to the following qustions. Sales $1,500,000 Contribution Margin Ratio 30% Degree of Operating Leverage 9 Use the three

The following information for Boston Co. applies to the following qustions.

Sales $1,500,000

Contribution Margin Ratio 30%

Degree of Operating Leverage 9

Use the three figures given above for Boston Co. and the formulas for Contribution Margin Ratio and Degree of Operating Leverage to determine their current net income.

If Bostons sales increase by $75,000, net income for the company will increase by?

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