Question
A firm has the following information for the last two years all amounts are in U.S. dollars. This year Last year 2019 2018 Revenues 99,000
A firm has the following information for the last two years all amounts are in U.S. dollars.
This year Last year
2019 2018
Revenues 99,000 90,000
EBIT 33,000 30,000
EAT 16,500 15,000
EPS 1.80 1.50
This firms Degree of Financial Leverage is:
| a. | 1 | |
| b. | 3 | |
| c. | 2 | |
| d. | none of the above |
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Foundations Of Financial Management
Authors: Stanley B Block, Geoffrey A Hirt
12th Edition
0073295817, 9780073295817
