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2. Suppose that sales are 17% higher as shown below: 1. Now change all of the dollar amounts in the data area of your worksheet

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2. Suppose that sales are 17% higher as shown below: 1. Now change all of the dollar amounts in the data area of your worksheet so that it looks like this: If your formulas are correct, you should get the correct answers to the following questions. a. What is the gross margin now? b. What is the net operating income now? c. What is the contribution margin now? Companies (ell numbers are given) "For a manufoctaring company, the cont of goods sold would include some variable costs, sach an dinct materials. Enter these new data into your worksheet. Make sure you enter all of the new data - not just the sales. a. What is the gross margin now? b. What is the net operating income now? c. What is the contribution margin now? d. When sales increase by 17%, which of the following should also increase by 17% in a merchandising company? e. When sales increase by 17%, which of the following should increase by more than 17% in a merchandising company? Complete this question by entering your answers in the tabs below. What is the gross margin now

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