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Determine what will be the resulting percentage change

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Reference no: EM132563997

Haunted Forest, Inc.is selling fog machines.

Use the following information about Haunted Forest, Inc. to answer the following questions.

Average selling price per unit $304.

Variable cost per unit $204

Units sold 354

Fixed costs $15,562

Interest expense $4,194

Question 1: Based on the data above, what will be the resulting percentage change in earnings per share if they expect units produced and sold to change -2.4 percent? (You should calculate the degree of total (combined) leverage first). Round the answer to two decimals (in percentage form).

Reference no: EM132563997

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