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Business, 03.05.2021 14:50 Squara

g Last year Lexington had sales of $884,000 and paid taxes of $50,000. Because of the low interest rate environment, the firm also borrowed some money from the local bank and paid $36,000 in interest expense. In addition, the firm incurred Variable Costs and Fixed Costs of $447,000 and $400,000 respectively. If sales increase by 5%, what should be the increase in earnings per share

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g Last year Lexington had sales of $884,000 and paid taxes of $50,000. Because of the low interest r...
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