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3. Calculate the answers and fill in ALL of the blank spaces in the table below. Current Figures Price Increase by 10% Sales Volume Increase

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3. Calculate the answers and fill in ALL of the blank spaces in the table below. Current Figures Price Increase by 10% Sales Volume Increase by 10% Cost of Goods Reduce by 2.5% Expenses Reduce by 11% Net Sales 2,000,000 2,040,000 2,000,000 2,000,000 Less: CGS 1,600,000 1,600,000 1,600,000 Gross Margin Less: Expenses 360,000 360,000 360,000 360,000 Net Profit Net Sales 2,000,000 2,040,000 2,000,000 2,000,000 Less: CGS 1,600,000 1,600,000 1,600,000 Gross Margin Less: Expenses 360,000 360,000 360,000 360,000 Net Profit Using the information in the table above, fill in the following: % increase in net profit A 10% increase in price resulted in a A.10% increase in sales volume resulted in a % increase in net profit A.2.5% reduction in cost resulted in a _ % increase in net profit An 11% reduction in expenses resulted in a % increase in net profit

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