It is December 31. Last year, Campbell Construction had sales of $120,000,000, and it forecasts that next years sales will be $114,000,000. Its fixed costs have beenand are expected to continue to be$60,000,000, and its variable cost ratio is 21.00%. Campbells capital structure consists of a $15 million bank loan, on which it pays an interest rate of 8%, and 750,000 shares of common equity. The companys profits are taxed at a marginal rate of 40%. Given this data, complete the following sentences: Note: For these computations, round each EPS to two decimal places.

The companys percentage change in EBIT is . -12.26% -13.62% -16.34%

The percentage change in Campbells earnings per share (EPS) is . -11.28% -14.10% -19.74%

The degree of financial leverage (DFL) at $114,000,000 is . 0.97 1.04 2.82