Question
Use the following information about Rat Race Home Security, Inc. to answer the questions: Average selling price per unit $313. Variable cost per unit $197
Use the following information about Rat Race Home Security, Inc. to answer the questions:
Average selling price per unit $313.
Variable cost per unit $197
Units sold 433
Fixed Costs $5,112
Interest expense $13,135
Based on the data above, what will be the resulting percentage change in earnings per share of Rate Race Home Security, Inc. if they expect operating profit to change -4.8 percent?
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Production And Operations Analytics
Authors: Steven Nahmias, Tava Lennon Olsen
8th Edition
1478639261, 9781478639268
