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The following income statements are provided for two companies operating in the same industry: Revenue Variable costs Contribution margin Fixed costs Net income Felix Jinx

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The following income statements are provided for two companies operating in the same industry: Revenue Variable costs Contribution margin Fixed costs Net income Felix Jinx Company Company $197,000 $197,000 (41,370) (74,702) 155,630 122,298 (74,702) (41,370) $ 80,928 $ 80,928 Assuming sales increase by $985, select the correct statement from the following

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