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Consider the following information: Sales: $950,000 Interest expense: 40,000 Variable costs: 270,000 Taxes: 84,000 Fixed costs: 400,000 If operating income increases by 5%, what should
Consider the following information: Sales: $950,000 Interest expense: 40,000 Variable costs: 270,000 Taxes: 84,000 Fixed costs: 400,000 If operating income increases by 5%, what should be the increase in earnings per share? Group of answer choices 14.17% 5.83% 8.17% 5.0% 12.14%
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