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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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International Financial Management
Authors: Geert Bekaert, Robert Hodrick
3rd edition
1107111820, 110711182X, 978-1107111820
