Use the following information to answer the questions below. Company 1 Company 2 Sales $80,000 $50,000 Variable Costs 20,000 10,000 Contribution Margin 60,000 40,000 Fixed Costs 40,000 15,000 Operating Income 20,000 25,000 A. 48% B. 70% C. 90% D. 60% 1. If Company 1's sales increase by 30%, its operating income E. 16% will increase by what percent? F. 37.5% 2. If Company 2's sales increase by 30%, its operating income will increase by what percent? G. 30% 3. If both Companies 1 and 2 have a 30% decrease in sales, which company's profit will have a greater change? H. 10% 1. 3% J. 8% K. Company 2 Comnany 1 Click Save and Submit to save and submit. Click Save All Answers to save all answers