Use the following information about Rat Race Home Security, Inc. to answer the questions:
Average selling price per unit $325.
Variable cost per unit $186
Units sold 394
Fixed costs $9,890
Interest expense 12,773
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 -0.4 percent?
(You should calculate the degree of financial leverage first).
Write the percentage
Round the answer to two decimals