Multiple Choice
Kinsley Corporation manufactures numerous products, one of which is called Kappa03. The company has provided the following data about this product: 
Assume that the total traceable fixed expense does not change. If Kinsley increases the price of Kappa03 to $38.52, what percentage change in unit sales would provide the same net operating income as is currently being earned at a price of $36.00? (Your answer should be rounded to the nearest 0.1%.)
A) -6.0%
B) -24.9%
C) -10.0%
D) -20.1%
Correct Answer:
Verified
Correct Answer:
Verified
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