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At the beginning of 2020, Assume Nothing Industries (ANT) replaced its ineffective CEO (Buddy) with a superstar Haas MBA (Gloria). Upon starting in the role,

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At the beginning of 2020, Assume Nothing Industries (ANT) replaced its ineffective CEO (Buddy) with a superstar Haas MBA (Gloria). Upon starting in the role, Gloria increased the sales price of Wolly's products from $100 to $120 and reduced the product's variable cost by $5 per unit . Despite these changes, ANI's unit sales did not decline. If fixed costs remained the same between the two years, what can you properly conclude about Wolly's operating profit in 2020 compared to 2019? Multiple Choice O Wolly's operating profit decreased. None of the above O Wollys operating profit remained the same. O Wolly's operating profit increased

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