Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN: 9781947172609
Author: OpenStax
Publisher: OpenStax College
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A company has the following financial information:
• Contribution Margin: $15,000
Operating Income: $7,500
If sales volume increases by 20.5%, by what percentage will
operating income increase?
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Transcribed Image Text:A company has the following financial information: • Contribution Margin: $15,000 Operating Income: $7,500 If sales volume increases by 20.5%, by what percentage will operating income increase?
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