Calculation Of Net Operating Income
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Question
At a sales level of $83,000, Blue Company's contribution margin is $31,000. If the degree of operating leverage is 4 at a $83,000 sales level, net operating income must equal:
a. $13,000
b. $7,750
c. $20,750
d. $23,250
Summary
The question belongs to Accounting and it discusses about calculation of net operating income.
Total Word Count 13
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