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2. The Fowl Decoy Company's income statement for 2016 is as follows: Fowl Decoy Company 61,000 $14 Number of units = Q Sales Price per
2. The Fowl Decoy Company's income statement for 2016 is as follows: Fowl Decoy Company 61,000 $14 Number of units = Q Sales Price per Unit= P Variable Costs per Unit-VC Fixed Costs = FC Interest Expense = 1 I axes $210,000 $61,000 28% Income Statement For the Year Ended Dec. 31, 2016 Sales (61,000 decoys a $14 each) Variable costs (61,000 decoys a $3) Fixed Costs EBIT Interest Expense EBT Income Taxes @ 28% EAT $854,000 ($183,000) 210,000 $461,000 61,000 $400,000 112,000) $288,000 Give-:- i-^-- each SELECT ALL cOPY a. Degree or operaung Leverage. ints ADD COMMENT Degree of Financial Leverage c. Degree of Combined Leverage. d. Break-even point in units
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