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6 Problem 11-5A (Algo) Computing and analyzing times interest earned LO A1 [The following information applies to the questions displayed below] Shown here are
6 Problem 11-5A (Algo) Computing and analyzing times interest earned LO A1 [The following information applies to the questions displayed below] Shown here are condensed income statements for two different companies (assume no income taxes). Sales Hiller Company $1,100,000 880,000 220,000 Variable expenses (80%) Income before interest Interest expense (fixed) Net income 78,000 $142,000 Sales Weaver Company Variable expenses (60%)) Income before interest Interest expense (fixed) Net income $ 1,100,000 660,000 440,000 298,000 $142,000 Problem 11-5A (Algo) Part 2 2. What happens to each company's net income if sales increase by 40% ? (Round your answers in nearact whale
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