Q 2 ABC business had $ 3 5 0 , 0 0 0 total sales in 2 0 1 9 and 3 5 CM ratio If its sales is to be increased by $ 8 0 , 0 0 0 in 2 0 2 0 , please calculate how much will increase in its net income in 2 0 2 0

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Q 2 ABC business had $ 3 5 0 , 0 0 0 total sales in 2 0 1 9 and 3 5 % CM

2

ABC business had $

350, 000

total sales in

2019

and

35 %

CM ratio. If its sales is to be increased by $

80, 000

2020,

please calculate how much will increase in its net income in

2020 .

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