Question
see attache file Shown here are condensed income statements for two different companies (both are organized as LLCs and pay no income tax1. Compute times
see attache file
Shown here are condensed income statements for two different companies (both are organized as LLCs and pay no income tax1. Compute times interest earned for Miller Company.
"more information is on attache file with table 2. Compute times interest earned for Weaver Company. 3. What happens to each company's net income if sales increase by 30%? 4. What happens to each company's net income if sales increase by 50%? 5. What happens to each company's net income if sales increase by 80%? 6. What happens to each company's net income if sales decrease by 10%? 7. What happens to each company's net income if sales decrease by 20%? 8. What happens to each company's net income if sales decrease by 40%? Analysis Component 9. Comment on the results from parts 3 through 8 in relation to the fixed-cost strategies of the two com panies and the ratio values you computed in parts 1 and 2.
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