What is the percent increase in ebit

Reference no: EM13265325

WalkAbout Kangaroo Shoe Stores forecasts that it will sell 9,330 pairs of shoes next year. The firm buys its shoes for $50 per pair from the wholesaler and sells them for $75 per pair. The firm will incur fixed costs plus depreciation and amortization of $100,000, then what is the percent increase in EBIT if the actual sales next year equal 11,330 pairs of shoes instead of 9,330?

Reference no: EM13265325

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