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Question 5 (1 point) The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $62.41. The variable

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Question 5 (1 point) The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $62.41. The variable cost per unit is $22.56, Poseidon Swim has average fixed costs per year of $6,572. Assume that current level of sales is 499 units. What will be the resulting percentage change in EBIT if they expect units sold to changes by -5.0 percent? (You should calculate the degree of operating leverage first). (Write the percentage sign in the "units" box). Round the answer to two decimal places

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