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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 sales increase by 7%, what should be

Consider the following information: Sales: $950,000 Interest expense: 40,000 Variable costs: 270,000 Taxes: 84,000 Fixed costs: 400,000 If sales increase by 7%, what should be the increase in earnings per share? Group of answer choices 17.0% 8.17% 7.0% 19.83% 2.83%

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