Exhibit 21-5 the Following Is a Partial Income Statement for Duncan

question 18

Multiple Choice

Exhibit 21-5 The following is a partial income statement for Duncan Corporation for 2011:

- Refer to Exhibit 21-5. What will be Duncan Corporation's operating income if sales volume increases by 40 percent?

• A) $2,400
• B) $6,080
• C) $6,800
• D) $7,280

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