If advertising expenditures are increased and sales

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Unformatted text preview: e increased and sales increase by 400 units, the effect on operating income will be a: a. decrease of R4,000 b. increase of R4,000 c. increase of R22,000 d. increase of R30,000 e. decrease of R22,000 CVP.09 Turner Paints (Pty) Limited has a contribution margin ratio of 15%. When sales are R150,000 the degree of operating leverage is 12. What is the net income at this sales level? a. b. c. d. e. R1,500 R2,700 R2,160 R1,875 R,2000 Compiled by Colin C Smith 2013 Page 2 of 2...
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This document was uploaded on 04/05/2014.

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