Stoppkotte Corporation has provided its contribution format income statement for April. If the company's sales increase by 10%, its net operating income should increase by about:
A)10.00%
B)10.64%
C)34.60%
D)93.98%

Question

Stoppkotte Corporation has provided its contribution format income statement for April.  If the company's sales increase by 10%, its net operating income should increase by about:
A)10.00% 
B)10.64% 
C)34.60% 
D)93.98%

Quizplus · Accepted Answer

The Answer of Stoppkotte Corporation has provided its contribution format income statement for April.  If the company's sales increase by 10%, its net operating income should increase by about:
A)10.00% 
B)10.64% 
C)34.60% 
D)93.98%

Stoppkotte Corporation Has Provided Its Contribution Format Income Statement for April