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QUESTION 7 Use the following information to answer Questions 7 & 8. Zero Company is planning the next year of operations and has just compiled

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QUESTION 7 Use the following information to answer Questions 7 & 8. Zero Company is planning the next year of operations and has just compiled the following Contribution Margin Income Statement: CM Income Statement Sales Variable Costs Contribution Margin Less Fixed Costs Total Income Before Tax Units Sold 2,000.00 2,000.00 Per Unit Total $600.00 $1,200,000.00 $100.00 $200,000.00 $1,000,000.00 $900,000.00 $100,000.00 Based on this information, Zero Company's leverage factor is 90% QUESTIONS Based on the information in Question 7. If the company has a 9% increase in sales, its income before tax will increase by $ 90000

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