3) Table 1-21 is the analysis income statement of C company last year

If sales revenue increases by 30%, what is the percentage increase of pre-interest and tax earnings, pre-tax earnings and net income?

SALES REVENUE 20 000 000 VARIABLE COSTS 12 000 000 CONTRIBUTE TO CROSS PROFIT 8 000 000 5 000 000 FIXED COST EBIT 3 000 000 INTEREST EXPENSE 1 000 000 PROFIT BEFORE TAX 2 000 000 INCOME TAX (25%) 500 000 NET INCOME 1 500 000