Dolphin Company had sales of $80,000 during 2019. Also during 2019, the company had $15,000...
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Accounting
Dolphin Company had sales of $80,000 during 2019. Also during 2019, the company had $15,000 in variable costs and $22,000 in net income. How much net income can Dolphin expect in 2020 if it can raise its sales to $110,000?
$67,375
$31,375
$46,375
$52,000
None of the above
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