Compute the percentage change in EBIT

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Reference no: EM13937464

Use the data in the following table to compute the percentage change in EBIT that would occur if sales were to increase by10%. Sales $500,000 Less Variable cost 200,000 Less Fixed cost 250,000 EBIT 50,000 Less interest 20,000 Profit before tax 30,000 Less tax 12,000 Net Profit 18,000

Reference no: EM13937464

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