1. A firm has sales of `5,00,000, variable cost of `3,50,000 and fixed cost of `1,00,000 and...
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● 1. A firm has sales of `5,00,000, variable cost of `3,50,000 and fixed cost of `1,00,000 and a debt of `2,50,000 at 10% rate of interest. What is Combined Leverage? If the firm wants to double its EBIT, how much of a rise in sales would be needed on a percentage basis?
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Related Book For 
Financial Management
ISBN: 9789352605606
1st Edition
Authors: Swapan Sarkar, Bappaditya Biswas, Samyabrata Das, Ashish Kumar Sana
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