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Use the following information for the next two questions: CM Income Statement Sales 6,000 Units $200.00 $1,200,000 Variable Costs 6,000 Units $110.00 $660,000 Contribution Margin
Use the following information for the next two questions:
| CM Income Statement | ||
| Sales 6,000 Units | $200.00 | $1,200,000 |
| Variable Costs 6,000 Units | $110.00 | $660,000 |
| Contribution Margin | $540,000 | |
| Less Fixed Costs | $ 400,000 | |
| Total Income Before Tax | $ 140,000 |
What is this company's leverage factor?
If this company's sales increase by 10%, how much will net income increase in dollars?
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Auditing The Modern Hospital
Authors: B. J Hall
1st Edition
0130516724, 978-0130516725
