Question: I'm a little stuck on these problems. Please help. Thank you! The following CVP income statements are available for Blanc Company and Noir Company. Blanc


I'm a little stuck on these problems. Please help. Thank you!
The following CVP income statements are available for Blanc Company and Noir Company. Blanc Company Noir Company Sales $475,000 $475,000 Variable costs 285,000 237,500 Contribution margin 190,000 237,500 Fixed costs 166,250 213,750 Net income $23,750 $23,750 Compute the degree of operating leverage for each company. (Round answers to 2 decimal places, e.g. 1.56.) Degree of Operating Leverage Blanc Company Noir Company Assuming that sales revenue increases by 20%, prepare a CVP income statement for each company. (Enter ne using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Blanc Company Noir Company Sales $ CA Variable costs Contribution margin Fixed costs A Net income /(Loss) $ Assuming that sales revenue decreases by 20%, prepare a CVP income statement for each company. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Blanc Company Noir Company Sales $ $ Variable costs Contribution margin Fixed costs Net income /(Loss) $ $
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