Answered step by step
Verified Expert Solution
Question
1 Approved Answer
1. For a sales level of 3,000,000; X Corp has DOL of 2x, DTL of 3x and CM ratio is 60%. Compute the Fixed cost.
1. For a sales level of 3,000,000; X Corp has DOL of 2x, DTL of 3x and CM ratio is 60%. Compute the Fixed cost.
2. The following data are available for X Company: Ave Selling price of 16 per unit Variable cost per unit of 11 Units sold is 200,000 Fixed cost is 800,000 Interest expense is 50,000 What is the DFL (Degree of Financial Leverage)?
please show the solution. thank you
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started