For the base case in this section, as a percentage of sales, COGS$=68$ percent, SGA $=13$ percent, $R$&$D=2\mathrm{.}0$ percent. Depreciation,

Interest expense are fixed as stated. Tax Rate is $19$ percent.

$1.$a

Given the following case, calculate the independent effects of a $1$ percent increase in Gross Margin, a $1$ percent decrease in the

TaxRate, and a $5$ percent increase in Sales.

Colossal Chemical Corporation

Year Ended December $31,2021$

$($ $$000,000$ omitted$)$

Using the same case, calculate the independent effects of a $2$ percent increase in Gross Margin, a $2$ percent decrease in the Tax

Rate, and a $5$ percent decrease in Sales.

Colossal Chemical Corporation

Year Ended December $31,2021$

$($ $$000,000$ omitted$)$