Given the following information for Computech, compute the firms degree of combined leverage (dollars are in thousands
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Given the following information for Computech, compute the firm’s degree of combined leverage (dollars are in thousands except EPS): P-9687 2009 2010 Sales $ 500,000 $ 570,000 Fixed costs 120,000 120,000 Variable costs 300,000 342,000 Earnings before interest and taxes 80,000 108,000 Interest 30,000 30,000 Earnings per share (EPS) $ 1.00 $ 1.56
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