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The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $63.56. The variable cost per unit is $25.02. Poseidon swim has average fixed costs per year of $9,390. Assume that the current sales of 451 units. What will be the resulting percentage change in EBIT if they expect units sold to change by -1.0 percent? ( you should calculate the degree of operating leverage first).
Round answer to two decimal places
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