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Pharoah Shoe Stores management forecasts that it will sell 7,000 pairs of shoes next year. The firm buys its shoes for $50 per pair from

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Pharoah Shoe Stores management forecasts that it will sell 7,000 pairs of shoes next year. The firm buys its shoes for $50 per pair from the wholesaler and sells them for $75 per pair. If the firm willincur fixed costs plus depreciation and amortization of $100,000, then What is the percent increase in EBIT if the actual sales next year equal 9,100 pairs of shoes instead of 7,000 ? (Round answer to 2 decimal palces, eg. 15.25\%) EBIT will increase by is Pharoah Shoe Stores management forecasts that it will sell 7,000 pairs of shoes next year. The firm buys its shoes for $50 per pair from the wholesaler and sells them for $75 per pair. If the firm willincur fixed costs plus depreciation and amortization of $100,000, then What is the percent increase in EBIT if the actual sales next year equal 9,100 pairs of shoes instead of 7,000 ? (Round answer to 2 decimal palces, eg. 15.25\%) EBIT will increase by is

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