Exercise $21-25($Algo$)$ Computing and analyzing operating leverage LO A$2$

Hudson Company reports the following contribution margin income statement.

Compute the company's degree of operating leverage.

If sales decrease by $4\%$ in the next year, what will be the company's income?

Prepare a contribution margin income statement for the next year assuming sales decrease by $4\%.$

Complete this question by entering your answers in the tabs below.

If sales decrease by $4\%$ in the next year, what will be the company's income?