What will be the resulting percentage change in earnings


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).

Request for Solution File

Ask an Expert for Answer!!
Financial Management: What will be the resulting percentage change in earnings
Reference No:- TGS02257408

Expected delivery within 24 Hours