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A company has a degree of financial leverage of 1.25 and EBIT of $1,000,000. If net income before interest and tax rises 4%, earnings to
A company has a degree of financial leverage of 1.25 and EBIT of $1,000,000. If net income before interest and tax rises 4%, earnings to the stockholder will rise:
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Mathematics For Business
Authors: Stanley A Salzman, Charles D Miller, Gary Clendenen
8th Edition
0321357434, 9780321357434
