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Use the following to answer the next 2 questions: Gentry, Inc. sells only two products, Product A and Product B. The following data relate to

Use the following to answer the next 2 questions:

Gentry, Inc. sells only two products, Product A and Product B. The following data relate to expected sales for the coming period:

Product A Product B

Sales units 20,000 30,000

Sales revenue $240,000 $300,000

Variable costs $140,000 $120,000

Fixed costs $89,168 $73,820

  1. Given their current operating income, by approximately what percentage will Gentrys profits increase if sales increase by 1.50%? (Round final answer in percentages to 2 decimal places)

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