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Wildhorse Shoe Stores management forecasts that it will sell 7.500 pairs of shoes next year. The firm buys its shoes for $50 per pair from
Wildhorse Shoe Stores management forecasts that it will sell 7.500 pairs of shoes next year. The firm buys its shoes for $50 per pair from the wholesaler and sells them for $75 per pair. If the firm will incur fixed costs plus depreciation and amortization of $100,000, then what is the percent increase in EBIT if the actual sales next year equal 8,900 pairs of shoes instead of 7,500? \{Round answer to 2 decimal palces, es.15.25\%) EBIT will increase by Th
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