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The manager of Crane's Restaurant has determined that if revenues were to increase by 15 percent, then EBIT would increase by 33 percent to $79,800.
The manager of Crane's Restaurant has determined that if revenues were to increase by 15 percent, then EBIT would increase by 33 percent to $79,800. What would be the corresponding change in EBITDA if revenues increased 15 percent and cash fixed costs are $32,000 ? (Round answer to 2 decimal places, e.g. 2.75\%.) Change in EBITDA %
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