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MBA (IT), PHD
Kaplan University
Apr-2009 - Mar-2014
Professor
University of Santo Tomas
Aug-2006 - Present
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Use the following information about Rat Race Home Security, Inc. to answer the questions:
Average selling price per unit $305.
Variable cost per unit $185
Units sold 437
Fixed costs $7,613
 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 -3.5 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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