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The magnitude of operating leverage for Forbes Corporation is 24 when sales are $160,000 and net income is $20,000. If sales increase by 5%, what

The magnitude of operating leverage for Forbes Corporation is 24 when sales are $160,000 and net income is $20,000. If sales increase by 5%, what is net income expected to be? Multiple Choice $20.000 521000 0 524000 $22.400

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