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Use the following information to answer the questions below. Company 1 Company 2 Sales $50,000 $50,000 10,000 5,000 Variable Costs Contribution Margin Fixed Costs 40,000

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Use the following information to answer the questions below. Company 1 Company 2 Sales $50,000 $50,000 10,000 5,000 Variable Costs Contribution Margin Fixed Costs 40,000 45,000 30,000 40,000 Operating Income 10,000 5,000 A. 279% B. 150% 1. If Company 1's sales increase by 30%, its operating income will increase by what percent? 2. If Company 2's sales increase by 30%, its operating income will increase by what percent? 3. If both Companies 1 and 2 have a 30% decrease in sales, which company's profit will have a greater change? C 120% D. 90% E. 80% F. 37.5% G. 30% H. 10% I. 9% J. 8% K. 4% L Company 1 M.Company 2 Click Save and Submit to save and submit Click Save All An to run all

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