9. Calculating the degrees of leverage A23 Warehousing forecasts the following income statement for the next year: Income Statement For the Year Ended on December 31 Net sales $960,000 Less: Variable costs 532,000 Less: Fixed costs 135,000 EBIT, or NOI Less: Interest $293,000 181,000 EBT $112.000 Less: Taxes 44,800 Net income $67,200 A23 Warehousing uses no preferred stock in its capital structure. Calculate the degrees of operating, financial, and total leverage for A23 Warehousing and select your answers in the following table. DOL DEL DTL >>|