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 $337.
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 $337.
Variable cost per unit $188
Units sold 360
Fixed costs $15,799
Interest expense $4,680
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 8.9 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:
Question 3 options:
Answer | units |
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