Question
Use the following information about Rat Race Home Security, Inc. to answer the questions: Average selling price per unit $318. Variable cost per unit $191
Use the following information about Rat Race Home Security, Inc. to answer the questions:
Average selling price per unit $318.
Variable cost per unit $191
Units sold 316
Fixed costs $8,201
Interest expense 16,924
Based on the data above, what will be the resulting percentage change in earnings per share of Rat Race Home Security, Inc. if they expect operating profit to change -5.0 percent?
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Succeeding in Business with Microsoft Excel 2013 A Problem Solving Approach
Authors: Debra Gross, Frank Akaiwa, Karleen Nordquist
1st edition
978-1285099149, 9781285963969, 1285099141, 1285963962, 978-1285715346
