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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 $321.
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 $321.
Variable cost per unit $188
Units sold 317
Fixed costs $16,084
Interest expense $3,291
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 -1.4 percent?
(You should calculate the degree of total (combined) leverage first).
Round the answer to two decimals
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