The following information was drawn from the annual reports of two companies. Sales re revenue Cost of Goods Sold Gross Margin Operating Expenses Operating Income Gain on the sale of equipment Net Income Company A $1,000 (600) 400 (220) 180 150 $ 330 Company B $ 2,000 (1,100) 900 (700) 200 $ 200 Assume both companies receive a $1000 increase in sales and the return on sales ratio does not change. Under these circumstances Drou 43 of Next > The following information was drawn from the annual reports of two companies. Sales re revenue Cost of Goods Sold Gross Margin Operating Expenses Operating Income Gain on the sale of equipment Net Income Company A $1,000 (600) 400 (220) 180 150 $ 330 Company B $ 2,000 (1,100) 900 (700) 200 $ 200 Assume both companies receive a $1000 increase in sales and the return on sales ratio does not change. Under these circumstances Drou 43 of Next >