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Use the following information about Rat Race Home Security, Inc. to answer the questions: Average selling price per unit $318. Variable cost per unit $191 Units sold 316

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Use the following information about Rat Race Home Security, Inc. to answer the questions:

Average selling price per unit $318.

Variable cost per unit $191

Units sold 316

Fixed costs $8,201

Interest expense 16,924

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 -5.0 percent?

 
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