Question: Assume the following (1) contribution margin = $150,000 (2) net operating income = $15,000, and (3) sales increase by 10%. Given these three assumptions, net

Assume the following (1) contribution margin = $150,000 (2) net operating income = $15,000, and (3) sales increase by 10%. Given these three assumptions, net operating income will increase by:

Multiple Choice

100%.

1%.

10%.

15%.

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