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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

Dec 04 2019 Read more Less More

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