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The Long-Life Battery Co. generates $4 million of profits on sales of $10 million and has a degree of operating leverage of 3.2. What will
The Long-Life Battery Co. generates $4 million of profits on sales of $10 million and has a degree of operating leverage of 3.2. What will profits be if sales increase to $12 million?
A) $10.4m
B)$6.56m
C)$4.8m
D)$4.25m
E)$2.56m
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