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eBook Check My Work (6 remaining) A firm has earnings per share of $1.85 at a sales level of $7 million. If the firm
eBook Check My Work (6 remaining) A firm has earnings per share of $1.85 at a sales level of $7 million. If the firm has a degree of operating leverage of 4.5 and a degree of financial leverage of 5.2 (both at a sales level of $7 million), forecast earnings per share for a 2 percent sales decline. Round your answer to the nearest cent. 1.39
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