How much will net income change


If a company has a $25,000 reduction in sales and an increase of $7,000 in fixed costs with a contribution margin ratio of 34 percent, by how much will net income change?

A. decrease $1500
B. increase $1500
C. decrease $15500

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: How much will net income change
Reference No:- TGS0712822

Expected delivery within 24 Hours