Compute the percentage change in EBIT

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Reference no: EM13948796

Use the data in the following table to compute the percentage change in EBIT that would occur if sales were to increase by10%.

Sales $7,000

Less Variable cost $1,000

Less Fixed cost $3,000

EBIT $3,000

Less interest $1,000

Profit before tax $2,000

Less tax $800

Net Profit $1,200

Reference no: EM13948796

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