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Use the following information about Rat Race Home Security, Inc. to answer the questions: Average selling price per unit $325. Variable cost per unit $192 Units sold 427 Fixed costs $5,608 Interest expense 15,416 Based on the data above, what will be the resulting percentage change in earnings per share of Rat Race Home Security, Inc. if they expect operating profit to change 8.7 percent?

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Financial Management, Finance

Category:- Financial Management
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