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The Pharoah Co. is going to take on a project that is expected to increase its EBIT by $100,000, its fixed cost cash expenditures by

The Pharoah Co. is going to take on a project that is expected to increase its EBIT by $100,000, its fixed cost cash expenditures by $132,000, and its depreciation and amortization by $86,000 next year. If the project yields an additional 10 percent in revenue, what percentage increase in the projects EBIT will result from the additional revenue? (

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