Income Statement Survey Sales Variable Costs (Labor, Material, Carry) Contribution Margin Depreciation SGA (R&D Promo, Sales, Admin) Other (Fees, Writeoffs, TQM, Bonuses EBIT Interest (Short term, Long term) Taxes Profit Sharing Net Profit Andrews $199,343 $99,306 $100,037 $ $13,554 $22,529 $3,566 $60,388 $7,098 $18,651 S693 $33,945 Baldwin $238.226 $136,517 $101.709 $9,711 $14,294 $6,138 $71,567 $6,279 $22,851 S849 $41,588 Chester $ $161,062 $94,254 $66,808 $15,687 $15,943 $4.920 $30,258 $13,628 $5,821 S216 $10,593 Digby $188,872 $115,817 $73,055 $17.509 $21,815 $5,314 $28,417 $15,517 $4,515 $168 $8,217 All else constant, what would Chester's SG&A/Sales ratio be if the company had spent an additional $1,500,000 for Cure's promotional budget and $750,000 for Cure's sales budget? Select : 1 Submit Answer 11.3% 9.9% 8.5% 11.9%