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Time Runn Attempt due 1 Hour, 25 D Question 22 1 pts Last year, Neptune Corporation had sales of $842.000 and paid taxes of $99.000.

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Time Runn Attempt due 1 Hour, 25 D Question 22 1 pts Last year, Neptune Corporation had sales of $842.000 and paid taxes of $99.000. Because of the low interest rate environment, the firm also borrowed some money from the local bank and paid $42.000 in interest expense, In addition, the firm incurred Variable costs and Fixed Costs of $255.000 and $179.000 respectively. If sales increase by 5%, what should be the percentage change in operating income? SET YOUR CALCULATOR TO 4 DECIMAL PLACES AND ROUND TO 2 DECIMAL PLACES AT THE END. DO NOT ENTER THE SIGN. IF YOUR ANSWER IS 7.7011%, FOR EXAMPLE, ENTER 7.70

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