(Solved): Popoy and Basha operate in the same industry. Popoy's sales, variable costs, and fixed costs are ...

Popoy and Basha operate in the same industry. Popoy's sales, variable costs, and fixed costs are $P1,000,000,P700,000$, and $P100,000$, respectively. Basha's sales, variable costs, and fixed costs are $\mathrm{P}1,000,000,\mathrm{P}400,000$, and $\mathrm{P}400,000$, respectively. If each company experiences an equal increase or decrease in sales, Basha's income will: Select the correct response Go up or down half as much as Popoy's Go up or down twice as much as Popoy's Go up twice as much as Popoy's, but go down only half as much as Popoy's Go up or down by the same amount as Popoy's because both companies have equal net income.