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Cordell, Inc. has an operating leverage of 3. Sales are expected to increase by 9% next year. What is the expected change in operating income next year?
Self-confident
Having a strong belief in one's own abilities, qualities, and judgment.
Resilient
The ability of an individual, community, or system to quickly recover from difficulties or adapt to change without being overwhelmed or giving up.
Risk-taking Individual
A person who is willing to undertake activities that involve risk in order to achieve goals, often in the context of business or entrepreneurship.
Tolerance for Ambiguity
An individual's capacity to remain comfortable and function effectively in situations that are uncertain, unclear, or unpredictable.
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