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Variable costs as a percentage of sales for Lemon Inc. are 80%, current sales are $600,000, and fixed costs are $130,000. How much will operating income change if sales increase by $40,000?
Fossil Fuels
Non-renewable energy sources formed from the remnants of ancient plants and animals, including coal, oil, and natural gas.
Biogeochemical Cycles
Processes that recycle essential elements and compounds between the biological (living) and geochemical (non-living) components of the Earth.
Stable Ecosystems
Ecosystems that remain relatively constant in terms of their species composition, structure, and function despite disturbances.
Greenhouse Effect
The trapping of the sun's warmth in the planet's lower atmosphere due to the greater transparency of the atmosphere to visible radiation from the sun than to infrared radiation emitted from the planet's surface.
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