Daniella invited nicole to her house for a party, which turned out to be a sales pitch for the cosmetic line that daniella had recently started selling. nicole didn't need any cosmetics, but since she was already at daniella's house and enjoying the complimentary food and drink, she felt obligated to purchase some lipstick. daniella is using the:

Engberg company installs lawn sod in home yards. the company’s most recent monthly contribution format income statement follows: amount percent of sales sales $ 80,000 100% variable expenses 32,000 40% contribution margin 48,000 60% fixed expenses 38,000 net operating income $ 10,000 required: 1. compute the company’s degree of operating leverage. (round your answer to 1 decimal place.) 2. using the degree of operating leverage, estimate the impact on net operating income of a 5% increase in sales. (do not round intermediate calculations.) 3. construct a new contribution format income statement for the company assuming a 5% increase in sales.