Question
A company has a sale of Rs.5lkh, variable cost of Rs.3lakh, Fixed cost of Rs.1lakh and long-term loan of Rs.4 lakh at 10% rate of
A company has a sale of Rs.5lkh, variable cost of Rs.3lakh, Fixed cost of Rs.1lakh and long-term loan of Rs.4 lakh at 10% rate of interest. Calculate the composite leverage. (3Marks) (Solve without using financial calculator)
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International Financial Management
Authors: Geert Bekaert, Robert J. Hodrick
1st Edition
0131163604, 9780131163607
