Ch9 Q11-15

Required Information [The following information applies to the questions displayed below.] Shown here are condensed income statements for two different companies (assume no income taxes). 4. What happens to each company's net income if sales decrease by \20 ? Note: Round your answers to nearest whole percent. Required Information [The following information applies to the questions displayed below.] Shown here are condensed income statements for two different companies (assume no income taxes). 2. What happens to each company's net income if sales increase by \40 ? Note: Round your answers to nearest whole percent. Required Information [The following information applies to the questions displayed below.] Shown here are condensed income statements for two different companies (assume no income taxes). 3. What happens to each company's net income if sales increase by \50 ? Note: Round your answers to nearest whole percent. Required Information [The following information applies to the questions displayed below.] Shown here are condensed income statements for two different companies (assume no income taxes). 5. What happens to each company's net income if sales decrease by \40 ? Note: Round your answers to nearest whole percent. Required Information [The following information applies to the questions displayed below.] Shown here are condensed income statements for two different companies (assume no income taxes). Required: 1. Compute times interest earned for Miller Company and for Weaver Company