Question: ANS: 2. In the current year, a small Holiday Inn franchise had sales of $1,800,000, fixed costs of $550,000, and total variable costs of

ANS: 2. In the current year, a small Holiday Inn franchise had sales of $1,800,000, fixed costs of $550,000, and total variable costs of $750,000. Next year, sales are forecast to increase by 25% but Costs will remain the same. How much will net income change (in dollars)? TFC ANS:

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