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Heather Hudson makes stuffed teddy bears. Recent information for her business follows: She sells 400 bears this month. Required: Suppose sales increase by 20 percent

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Heather Hudson makes stuffed teddy bears. Recent information for her business follows: She sells 400 bears this month. Required: Suppose sales increase by 20 percent next month. Calculate the effect that increase will have on her profit. Note: Round your intermediate calculations to 2 decimal places. Round your final answer to 1 decimal place. (i.e. 0.123 should be entered as 12.3% )

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