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2. Please see the income statement below- calculate: a. Degree of operating leverage b. Degree of financial leverage C. Degree of total leverage Sales $150,000

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2. Please see the income statement below- calculate: a. Degree of operating leverage b. Degree of financial leverage C. Degree of total leverage Sales $150,000 Variable Operating costs (105,000) Gross Profit 45,000 Fixed Operating Costs (20,000) Net Operating Income 25,000 Interest (15,000) Earnings before Taxes 10,000 Taxes (40%) (4,000) Net Income $6,000

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