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Use the data in the following table to compute the percentage change in EBIT that would occur if sales were to increase by10%. Sales $500,000

Use the data in the following table to compute the percentage change in EBIT that would occur if sales were to increase by10%.

Sales $500,000

Less Variable cost 200,000

Less Fixed cost 250,000

EBIT 50,000

Less interest 20,000

Profit before tax 30,000

Less tax 12,000 N

et Profit 18,000

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