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A company has EBIT of $2,400,000 and interest expense of $300,000. What is its DFL? a. 8.0 b. 0.125 c. 1.1429 d. Not enough information

A company has EBIT of $2,400,000 and interest expense of $300,000. What is its DFL? a. 8.0 b. 0.125 c. 1.1429 d. Not enough information to determine the answer.

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