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If sales equal $331,760, variable expenses equal $200,000, and the degree of operating leverage is...

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Accounting

If sales equal $331,760, variable expenses equal $200,000, and the degree of operating leverage is 16, then the net operating income is:

Multiple Choice

  • $12,500.

  • $20,735.

  • $28,970.

  • $8,235.

Answer & Explanation Solved by verified expert
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