Question
6- Suppose that a firm has the following income statement information: (a) Sales = 1.872.000 TL, (b) Unit price = 72 TL, (c) Unit
6- Suppose that a firm has the following income statement information: (a) Sales = 1.872.000 TL, (b) Unit price = 72 TL, (c) Unit variable cost = 36, (d) Total costs = 1.396.000 TL. (e) Interest expenses = 53.000 TL, (f) Tax rate = 30%. What is the degree of total leverage for this firm?
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Microeconomics
Authors: Austan Goolsbee, Steven Levitt, Chad Syverson
1st Edition
978-1464146978, 1464146977
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