Haunted Forest, Inc.is selling fog machines.
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 $341.
Variable cost per unit $192
Units sold 325
Fixed costs $16,878
Interest expense $3,453
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 -3.4 percent?
(You should calculate the degree of total (combined) leverage first).
(Write the percentage sign in the “units” box).
Round the answer to two decimals