Question: A Corporation reported the following data for its most recent year: sales, $500,000; variable expenses, $300,000; and fixed expenses, $150,000. If the company's degree

A Corporation reported the following data for its most recent year: sales,

A Corporation reported the following data for its most recent year: sales, $500,000; variable expenses, $300,000; and fixed expenses, $150,000. If the company's degree of operating leverage at the current level of sales is 2, then what is NOI next year if sales decrease by 15%?

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