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The magnitude of operating leverage for Forbes Corporation is 2.0 when sales are $120,000 and net income is $16,000. If sales increase by 5%, what

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The magnitude of operating leverage for Forbes Corporation is 2.0 when sales are $120,000 and net income is $16,000. If sales increase by 5%, what is net income expected to be? Multiple Choice $17,600 $15,800 $20,000 $16,800

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