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Total Fitness and Aerobic Town reported the following results for 2017: Total Fitness Aerobic Town Sales...

Total Fitness and Aerobic Town reported the following results for 2017: Total Fitness Aerobic Town Sales $5,000,000 $5,000,000 Variable costs 2,200,000 1,000,000 Fixed costs 1,000,000 2,200,000 Due to an economic downturn, it is estimated that sales for both companies will decrease next year by $300,000. Which company will have the larger percentage decrease in profit next year?

Neither; both companies will have the same profit.

Total Fitness will have a higher decrease in profit

Aerobic Town will have a higher decrease in profit.

There is not enough information provided to determine the answer.

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