Question: a . Reconstruct the income statement using the contribution margin format. b . Calculate the magnitude of operating leverage. c . Use the measure of

a. Reconstruct the income statement using the contribution margin format.
b.Calculate the magnitude of operating leverage.
c.Use the measure of operating leverage to determine the amount of net income Walton will earn if sales increase by 20 percent.
a. Reconstruct the income statement using the contribution margin format. b.Calculate

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