Barnes Company has recently become aware of the large total discounts on its orders and would like to know the impact on profit. The company computed its operating profit as follows: (Click the icon to view the operating profit.) Read the requirements. Requirement (a) Suppose Barnes could reduce its sales discounts to produce a 15% increase in net revenues but no changes in variable or fixed costs. By what percent would operating profits incre How does this percentage compare to the percentage increase in net sales revenue? Begin by calculating the operating profit with a 15% increase in net revenues but no changes in variable or fixed costs. Requirements Requirements (a) Suppose Barnes could reduce its sales discounts to produce a 15\% increase in net revenues but no changes in variable or fixed costs. By what percent would operating profits increase? How does this percentage compare to the percentage increase in net sales revenue? (b) Refer to the original information in this problem. Suppose Barnes' salespeople increase sales discounts to produce a 8% decrease in net revenues, with no change in variable or fixed costs. By what percent would operating profits decrease? How does this percentage compare to the percentage decrease in net sales revenue? (c) Consider the ratio of operating profit to sales. How does this ratio relate to the percentage change in operating profit, for a given percentage change in the net sales revenue