Jacob Arrell Corporation has sales revenue of $9,500,000. The company's fixed costs total $5.000.000, its variable costs are 15 percent of sales, and its interest expense is $1,000,000. If the company wants to increase its EPS by 30%, how much will it need to increase its Sales? 20.24 percent a. b. 7.71 percent C. 11.42 percent d. 48.19 percent 16.75 percent e. SVC FC-T

Jacob Arrell Corporation has sales revenue of $9,500,000. The company's fixed costs total $5.000,000, its variable costs are 15 percent of sales, and its interest expense is $1,000,000. If the company wants to increase its EPS by 30%, how much will it need to increase its Sales? a. 20.24 percent b. 7.71 percent c. 11.42 percent d. 48.19 percent e. 16.75 percent