Homework answers / question archive / Consider the following information:  Sales: $950,000 Interest expense: 40,000 Variable costs: 270,000 Taxes: 84,000 Fixed costs: 400,000  If operating income increases by 5%, what should be the increase in earnings per share?  (I) 5

Consider the following information:  Sales: $950,000 Interest expense: 40,000 Variable costs: 270,000 Taxes: 84,000 Fixed costs: 400,000  If operating income increases by 5%, what should be the increase in earnings per share?  (I) 5

Accounting

Share With

Consider the following information: 
Sales: $950,000 Interest expense: 40,000 Variable costs: 270,000 Taxes: 84,000 Fixed costs: 400,000 
If operating income increases by 5%, what should be the increase in earnings per share? 
(I) 5.83% 5.0% (I) 12.14% 0 8.17% (I) 14.17%