Question
ACME, Inc. reported the following income statement for 2021: Sales $2168277 Variable Costs $949138 Fixed Operating Costs $676732 Interest Expense $202293 Earnings Per Share $5.4
ACME, Inc. reported the following income statement for 2021:
| Sales | $2168277 |
| Variable Costs | $949138 |
| Fixed Operating Costs | $676732 |
| Interest Expense | $202293 |
| Earnings Per Share | $5.4 |
If ACME's sales next year increase by 17%, what will ACME's earnings per share be?
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Public Finance A Contemporary Application Of Theory To Policy
Authors: David N Hyman
12th Edition
0357442156, 978-0357442159
