Business, 02.03.2021 01:00, edog32

The company recorded $5,000 sales with 60% contribution margin ratio in 2019. According to the sales manager, the company can increase the sales volume by 30% this year if the company spends $400 as advertisement expense and decreases the selling price by 10%, while unit variable cost remains the same. If CEO approves the plan, how does it affect the net operating income in 2020

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The company recorded $5,000 sales with 60% contribution margin ratio in 2019. According to the sales...