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The October contribution format income statement of Tiki Corporation appears below: Sales.......... Variable expenses Contribution margin........ Fixed expenses Net operating income...... $259,200 176,400 82,800 59,100

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The October contribution format income statement of Tiki Corporation appears below: Sales.......... Variable expenses Contribution margin........ Fixed expenses Net operating income...... $259,200 176,400 82,800 59,100 $ 23.700 The degree of operating leverage is (round to nearest tenths place): If the company's sales increase by 18%, its estimated net operating income should be

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