Mick's Lemonade has determined that if its revenues were to increase by 10 percent, then EBIT would
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Question:
Mick's Lemonade has determined that if its revenues were to increase by 10 percent, then EBIT would increase by29percent to $126,000. The fixed costs (cash only) for the company are $104,000. Given the same 10 percent increase in revenues, EBITDA would change by_______ percent.
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