Home / Questions / Irresistible Chips is reviewing its financial condition. The firm generated an operating p
Irresistible Chips is reviewing its financial condition. The firm generated an operating profit of $4,847,180. The firm’s interest expense was $2,360,530. What will be the resulting percentage change in earnings per share if they expect operating profit to change -1.3 percent?
(You should calculate the degree of financial leverage first). (Write the percentage sign in the "units" box).
Round the answer to two decimals
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