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A corporation reports the following: Sales Revenue Variable Costs Fixed Costs $1,200,000 1,000,000 120,000 Assume they estimate sales revenue will increase 10% (variable costs will
A corporation reports the following: Sales Revenue Variable Costs Fixed Costs $1,200,000 1,000,000 120,000 Assume they estimate sales revenue will increase 10% (variable costs will increase 10% and fixed costs remain the same). Calculate the percent increase in earnings before interest and taxes. You must include the calculation in order to receive credit.
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