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Haunted Forest, Inc. is selling fog machines. Use the following information about Haunted Forest, Inc. to answer the following questions. Average selling price per unit $329. Variable cost per unit $203 Units sold 364 Fixed costs $16,717 Interest expense $3,676 Based on the data above, what will be the resulting percentage change in earnings per share if they expect units produced and sold to change -3.3 percent? (You should calculate the degree of total (combined) leverage first).

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91592243

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