1. The following is Mon Inc's contribution format income statement for last month: Sales $ 1,805,200Less variable expenses1,245,600Contribution margin559,600Less fixed expenses 360,600Net income$199,000 NO COMMAS, NO $. Given the statement above what is the current degree of operating leverage? (2 decimal places here)

   Using your operating leverage answer, what would the % increase be on net income from a 30% increase in sales? (Use a % sign here in your answer. 2 decimal places. Eg. 10.42%)

   Using your operating leverage answer, what would net income be if sales increased by 30%?(NO decimals)

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