Skyler Corp. reports an operating leverage of 5.5. If its sales decrease by 6%, what is the expected percentage change in net operating income?
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What is the expected percentage change in net operating income? Accounting question
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- What is the profit margin? Accounting1. The annual net income of MAC Industries since 2005 is given below. Years t (since 2005) Net Income 1 4 6 12 15 $1,500 $2,500 $2,875 $2,850 $2,250 a. Create a scatter plot that includes your curve of best fit on top of the data. You should try several functions and make your choice based on best r-squared value. b. Find the year that Net Income was at its highest point. c. What was the income in that year?Please help me with accounting questions