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Calculate Change In Net Operating Income

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Question

Sperberg Corporation's operating leverage is 6.1. If the company's sales increase by 12%, its net operating income should increase by about:

a. 2.0%

b. 59.6%

c. 12.0%

d. 73.2%

 

Summary

The question belongs to Accounting and it discusses about calculation of change in net operating income.

Total Word Count 13

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