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Crane Shoe Stores management forecasts that it will sell 7,200 pairs of shoes next vear. The firm bur its shoes for $50 per pair from

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Crane Shoe Stores management forecasts that it will sell 7,200 pairs of shoes next vear. The firm bur its shoes for $50 per pair from the wholesalec and sells them for $75 per pair. If the firm will incur fixed costs plus depreciation and arnortization of $100,000, then what is the percent increase in EBIT if the actual sales next year equal 8.400 pairs of shoes instead of 7.200 ? Round anrmer to 2 decind palcas es 15.258.) EBIT will increase by 8 eTextbook and Media

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