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    The April Contribution Format Income Statement of Iannacone Corporation Appears
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The April Contribution Format Income Statement of Iannacone Corporation Appears

Question 121

Question 121

Multiple Choice

The April contribution format income statement of Iannacone Corporation appears below: The April contribution format income statement of Iannacone Corporation appears below:   -If the company's sales increase by 1%, its net operating income should increase by about: A)  9% B)  1% C)  4% D)  11%
-If the company's sales increase by 1%, its net operating income should increase by about:


A) 9%
B) 1%
C) 4%
D) 11%

Correct Answer:

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