Calculate the degree of total leverage first

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BB Baits, Inc. sells fog machines. Use the following information about BB Baits, Inc. to answer the question below. Average selling price per unit = $332 Variable cost per unit = $216 Units sold = $375 Fixed costs = $17657 Interest expense = $4324 Based on the figures above, what is the percentage change in earnings per share if the company expects units produced and sold to change by -1 percent? Calculate the degree of total (combined) leverage first.

Reference no: EM131178059

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