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International Titanium Corp.'s (ITC) degree of total leverage (DTL) is 2.31 at a sales volume of $9 million. Determine ITC's percentage change in earnings per
International Titanium Corp.'s (ITC) degree of total leverage (DTL) is 2.31 at a sales volume of $9 million. Determine ITC's percentage change in earnings per share (EPS) if forecasted sales increase by 23 percent to $10,800,000.
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