Figure 1-1 
-Refer to Figure 1-1. Using the information in the figure above, calculate the percentage change in sales of alcoholic beverages between 2008 and 2011.
Definitions:
Fixed Expenses
Costs that do not change with the level of production or sales over a short period, such as rent, salaries, and insurance.
Net Operating Income
Income before interest and income taxes have been deducted.
Drop Product
A strategy or decision by a company to discontinue the production, sale, or support of a product line or item.
Special Order
A one-time order that is not considered part of the company’s normal ongoing business.
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