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Business, 13.08.2019 00:30 tangia

Last year, cayman corporation had sales of $7,000,000, total variable costs of $3,000,000, and total fixed costs of $1,500,000. in addition, they paid $480,000 in interest to bondholders. cayman has a 35% marginal tax rate. if cayman's sales increase 7%, what should be the increase in earnings per share?

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