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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 $345. Variable cost per unit $207 Units sold 342 Fixed costs $15,834 Interest expense $3,417 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 -4.2 percent? (You should calculate the degree of total (combined) leverage first).

Financial Management, Finance

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