The following income statements are provided for two companies operating in the same industry
Assuming sales increase by $1,000, select the correct statement from the following:
A) Felix's net income will be more than Jinx's.
B) Both companies will experience an increase in profit.
C) Felix's net income will increase by $250.
D) Jinx's net income will increase by 6%.
Correct Answer:
Verified
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