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Megan Ryan & Associates has operating income (EBIT) of $190,000, fixed costs of $80,000, interest expense of $52,000, and its tax rate is 40 percent.

Megan Ryan & Associates has operating income (EBIT) of $190,000, fixed costs of $80,000, interest expense of $52,000, and its tax rate is 40 percent. If the company were able to increase its operating income by 14 percent, by what percentage would the earnings per share increase?

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