The CVP income statements for Bender Company and Fender Company are set forth below. Both companies...

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The CVP income statements for Bender Company and Fender Company are set forth below. Both companies provide consulting services to customers in the financial services sector. BENDER COMPANY FENDER COMPANY Sales $500,000 $500,000 Variable costs 300 000 50,000 Contribution margin 200.000 450.000 Fixed costs 100.000 350,000 Net income $100.000 $100.000 Assume each company experiences a 15% growth in sales. By how much will net income of Fender increase? DA 33% 8.67.5% OC 16.5% 0.75% The CVP income statements for Bender Company and Fender Company are set forth below. Both companies provide consulting services to customers in the financial services sector. BENDER COMPANY FENDER COMPANY Sales $500,000 $500,000 Variable costs 300 000 50,000 Contribution margin 200.000 450.000 Fixed costs 100.000 350,000 Net income $100.000 $100.000 Assume each company experiences a 15% growth in sales. By how much will net income of Fender increase? DA 33% 8.67.5% OC 16.5% 0.75%

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