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Problem 11-5A Computing and analyzing times interest earned LO A1 The following information applies to the questions displayed below] Shown here are condensed income statements
Problem 11-5A Computing and analyzing times interest earned LO A1 The following information applies to the questions displayed below] Shown here are condensed income statements for two different companies (both are organized as LLCs and pay n income taxes). Sales Variable expenses (88%) 520,603 Interest expense (fixed)70,9ee Variable expenses (68%) Interest expense (fixed)598, 000 Prev 56710 of 10 Next > Problem 11-5A Part 3 3. what happens to each company's net income if sales increase by 30% (Round your answers to nearest whole perc Net i KPrev 5 6 7 10 of 10 Next > o search Interest expense (fixed) Problem 11-5A Part 5 5. what happens to each company's net income if sales increase by 80%? (Round your answers to nearest whole percent.) pany Net income Miller Co ncreases by Weaver Co. ncreases by 21% KPrey78 9 10 of 10 Next rch 1,040,000 Problem 11-5A Part 6 Round you nsw Net in 9 10 of 10 Next > arch Problem 11-5A Part 7 7, what happens to each company's net income if sales decrease by 20%? (Round your answers to nearest whole Prey 9 10 of 10 Next > arch Problem 11-5A Part 8 8. What happens to each company's net income if sales decrease by 40%? (Round your answers to nearest whole percent.) Miller Co Decreases by Weaver Co. Decreases by Prev10 of 10Next arch
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