The ChukkaFit Shoe Company produces its famous shoe, the Divine Loafer that sells for $50 per pair. Operating income for 2013 is as follows: (Click the icon to view the income statement.) ChukkaFit Shoe Company would like to increase its profitability over the next year by at least 25%. To do so, the company is considering the following options: i (Click the icon to view the options.) Requirement Evaluate each of the alternatives considered by ChukkaFit Shoes. Do any of the options meet or exceed ChukkaFit's targeted increase in income of 25%? What should ChukkaFit do? Evaluate each of the alternatives considered by ChukkaFit Shoes. Alternative Alternative 1 250,000 Alternative 2 195000 Alternative 3 Data Table Sales revenue 76500 117000 Variable cost Contribution margin 78000 173,500 55000 250,000 150,000 Fixed cost Sales revenue ($50 per pair) Variable cost ($30 per pair) Contribution margin Fixed cost 118500 Operating income (loss) 100,000 50,000 Do any of the options meet or exceed ChukkaFit's targeted increase in income of 25%? (Round your answers to the nearest whole percent. Use parentheses or a minus sign for a negative percentage change.) $ 50,000 Operating income Percent change in operating income Alternative Meet or Exceed? Print Done What should ChukkaFit do? V has the highest operating income. the targeted increase in income of 25% The ChukkaFit Shoe Company produces its famous shoe, the Divine Loafer that sells for $50 per pair. Operating income for 2013 is as follows: (Click the icon to view the income statement.) ChukkaFit Shoe Company would like to increase its profitability over the next year by at least 25%. To do so, the company is considering the following options: i (Click the icon to view the options.) Requirement Evaluate each of the alternatives considered by ChukkaFit Shoes. Do any of the options meet or exceed ChukkaFit's targeted increase in income of 25%? What should ChukkaFit do? Evaluate each of the alternatives considered by ChukkaFit Shoes. Alternative Alternative 1 250,000 Alternative 2 195000 Alternative 3 Data Table Sales revenue 76500 117000 Variable cost Contribution margin 78000 173,500 55000 250,000 150,000 Fixed cost Sales revenue ($50 per pair) Variable cost ($30 per pair) Contribution margin Fixed cost 118500 Operating income (loss) 100,000 50,000 Do any of the options meet or exceed ChukkaFit's targeted increase in income of 25%? (Round your answers to the nearest whole percent. Use parentheses or a minus sign for a negative percentage change.) $ 50,000 Operating income Percent change in operating income Alternative Meet or Exceed? Print Done What should ChukkaFit do? V has the highest operating income. the targeted increase in income of 25%