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The June contribution format income statement of Panther Corporatic below: Sales $ 211,200 Variable expenses 92,000 Contribution margin 119,200 Fixed expenses 84,100 Net operating income

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The June contribution format income statement of Panther Corporatic below: Sales $ 211,200 Variable expenses 92,000 Contribution margin 119,200 Fixed expenses 84,100 Net operating income $ 35,100 The degree of operating leverage is closest to: 06.79 2.27 3.70 3.40

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