Omega company has sales of $400,000 and cost of goods sold of $250,000. the cost of goods sold is a variable cost. the company incurred $30,000 of fixed operating expenses and $50,000 of variable operating expenses. based on this information, a 17.50% increase in revenue will produce a
a) 18.9% change in net income.
b) 17.5% change in net income.
c) 35.0% change in net income.
d) 25.0% change in net income.