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Cohens Bowling Emporium has a degree of financial leverage of 3.0 and a degree of combined leverage of 9.0. The breakeven sales level for Cohens
Cohens Bowling Emporium has a degree of financial leverage of 3.0 and a degree of combined leverage of 9.0. The breakeven sales level for Cohens has been estimated to be $300,000. Fixed costs total $350,000. What effect will a 15 percent increase in sales have on EBIT? Round your answer to the nearest whole number.
%EBIT: %
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