What happens to each company's net income if sales increase by 30%.

What happens to each company's net income if sales increase by 40%?

What happens to each company's net income if sales increase by 70%?

What happens to each company's net income if sales decrease by 10%?

What happens to each company's net income if sales decrease by 20%?

What happens to each company's net income if sales decrease by 30%?

I would specifically like to know the percentage net income increases by for each one.

Shown here are condensed income statements for two different companies (both are organized as LLCs and pay no income taxes). Miller Company Sales Variable expenses (80%) $1,300,000 1,040,000 ncome before interest Interest expense (fixed) 260,000 78,000 Net income $182,000 Weaver Company Sales Variable expenses (60%) $1,300,000 780,000 Income before interest Interest expense (fixed) 520,000 338,000 Net income $ 182,000