What will be the resulting percentage change

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Reference no: EM132040137

Use the following information about Rat Race Home Security, Inc. to answer the questions: Average selling price per unit $341.

Variable cost per unit $186 Units sold 406 Fixed costs $7,872 Interest expense 18,803 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 3.0 percent?

(You should calculate the degree of financial leverage first). (Write the percentage sign in the "units" box).

Reference no: EM132040137

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