The following CVP income statements are available for Blanc Company and Noir Company. Sales Variable costs Contribution margin Fixed costs Net income Blanc Company $565,000 339,000 226,000 214,700 $11,300 Noir Company $565,000 282,500 282,500 271,200 $11,300 Calculate Contribution margin ratio. (Round answers to 2 decimal places, eg. 0.32.) Contribution Margin Ratio Blanc Company Noir Company e Textbook and Media 100 Type here to search QULJLIUI JUL 245 - / 16 Compute the break-even point in dollars for each company. (Round answers to decimal places, eg. 5,125) Break-even Point Blanc Company $ Noir Company e Textbook and Media Compute margin of safety ratio for each company. (Round answers to 3 decimal places, eg, 0321) Margin of Safety Ratio Blanc Company Noir Company 3 TOOS Type here to search o 9 Noir Company eTextbook and Media Compute the degree of operating leverage for each company. (Round answers to 2 decimal places, ex. 156) Degree of Operating Leverage Blanc Company Noir Company e Textbook and Media TDOS OR Type here to search C Assuming that sales revenue increases by 20%, prepare a CVP income statement for each company. (Enter negative amounts using either a negative sign preceding the number es. 45 or parentheses es.(45)) Blanc Company Noir Company Sales $ Variable costs Contribution margin Fixed costs Net income (Loss) s $ e Textbook and Media 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 eg.-45 or parentheses es. (45 Blanc Company Noir Company Sales $ Variable costs Contribution margin Fixed costs Net income /(Loss) $ $ e Textbook and Media Suorat Attempts of 1 used SA