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Problem 9-5A Computing and analyzing times interest earned 1 A1 Shown here are condensed income statements for two different companies (assume no income taxes). Required
Problem 9-5A Computing and analyzing times interest earned 1 A1 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. 2. What happens to each company's net income if sales increase by 30% ? 3. What happens to each company's net income if sales increase by 50% ? 4. What happens to each company's net income if sales decrease by 10% ? (4) Weaver net income, 5100,000 (29\% decresse) 5. What happens to each company's net income if sales decrease by 40%
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