Amold Vimka is a venture capitalist facing two alternative investment opportunities. He intends to invest $1 million in a start-up firm. He is nervous, however, about future economic volatility: He asks you to analyze the following financial data for the past year's operations of the two tirms he is considering and give him some business advice. Required a. Use the contribution margin approach to compute the operating leverage for each firm. b. If the economy expands in coming years, Larson and Benson will both enjoy a 11 percent per year increase in sales, assuming that the selling price remains unchanged. Compute the change in net income for each firm in dollar amount and in percentage. (Noter Since the number of units increases, both revenue and variable cost will increase.) c. If the economy contracts in coming years, Larson and Benson will both suffer a 11 percent decrease in sales volume, assuming that the selling price remains unchanged, Compute the change in net income for each firm in dollar amount and in percentage. (Note. Since the number of units decreases, both total revenue and total variable cost will decrease.) Complete this question by entering your answers in the tabs below. Use the contribution margin approach to compute the operating leverage for each ilirm. (Round your answers to 2 dedmial ploces. If the economy expands in coming years, Larson and Benson will both enjoy a 11 pe that the selling price remains unchanged. Compute the change in net income for eac percentage. (Note: Since the number of units increases, both revenue and variable c answer to 2 decimal place (i.e., .2345 should be entered as 23.45 ). Round final answ If the economy contracts in coming years, Larson and Benson will both suffer a 11 per assuming that the selling price remains unchanged. Compute the change in net incom percentage. (Note: Since the number of units decreases, both total revenue and total "Percentage" answer to 2 decimal place (i.e., .2345 should be entered as 23.45). Roun dollar.)