Use the following information to answer the questions below. Company Company 2 Sales $80,000 550.000 Variable Gosts 20,000 10,000 60,000 40,000 Contribution Mergin Fixed Costs 40.000 15,000 Operating income 20,000 25,000 A 40% . Company's sales increase by 30%, is operating income wil hncrease by what percent? 8 70W 2 of Company's sales increase by 30%. Its operating income will increase by what percent c 90% 3. If both Companies and have a 30% decrease in sales which company's D. profit will have a greater change? 00% e 16% F 37.556 30% 400 FIXED COSTS 20.000 25,000 Operating room A 1. If Company 1's soles increase by 30%, its operating income will increase 48% ty what percent? 8 70% 2. Company's sales introine by 30%, Its operating income will increase by what percent? 90% 3. It both Companion 1 and 2 have a 30% decrease in sales, which company's profe wil have a greater change? E 16% 80% F 37.5% 30% . 10% 1 8% K Company 2 L Company 1