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Question: problem 115a computing and analyzing times interest earned lo a1...

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Problem 11-5A Computing and analyzing times interest earned LO A1 The following information applies to the questions displayed below 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 (808) Income before interest Interest expense (fixed) 10,000 Net income $1,500,000 1,200,000 300,000 $ 90,000 Weaver Company Sales variable expenses (60%) 900,000 Income before interest Interest expense (ixed)510,000 Net income $1,500,000 600,000 $ 90,000 Problem 11-5A Part 3 3, what happens to each companys net income if sales increase by 30%. (Round your answers to nearest whole percent.) Miller Co. Weaver Co Net income s by s by
Problem 11-5A Part 4 4. What happens to each companys net incom e if sales increase by 50%? (Round your answers to nearest whole percent.) Net income Company Miller Co Weaver Co.
5, what happens to each companys net income if sales increase by 80%? (Round your answers to nearest whole percent.) Company Miller Co Weaver Co Net income
6. what happens to each companys net income if sales decrease by 10%? (Round your answers to nearest whole percent.) Company Miller Co. Weaver Co Net income
7. What happens to each companys net income if sales decrease by 20%? (Round your answers to nearest whole percent.) Company Miller Co. Weaver Co. Net income
8. what happens to each com panys net income if sales decrease by 40%? (Round your answers to nearest whole percent.) Net income Miller Co. Weaver Co.
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