Question
Haunted Forest, Inc.is selling fog machines. Use the following information about Haunted Forest, Inc. to answer the following questions. Average selling price per unit $325.
Haunted Forest, Inc.is selling fog machines.
Use the following information about Haunted Forest, Inc. to answer the following questions.
Average selling price per unit $325.
Variable cost per unit $190
Units sold 331
Fixed costs $15,893
Interest expense $3,606
Based on the data above, what will be the resulting percentage change in earnings per share if they expect units produced and sold to change -1.0 percent?
(You should calculate the degree of total (combined) leverage first).
(Write the percentage sign in the "units" box).
Round the answer to two decimals
Your Answer:
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