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Use the data in the following table to compute the percentage change in EBIT that would occur if sales were to increase by10%.

Sales $7,000

Less Variable cost $1,000

Less Fixed cost $3,000

EBIT $3,000

Less interest $1,000

Profit before tax $2,000

Less tax $800

Net Profit $1,200

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91619643

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