A MSP Food Products Ltd. provides the following information for the recent financial year: Sales is $ 160 lakhs. The variable cost is 70% of the sales value. The company's Earnings before interest and taxes are 39 lakhs and profit before taxes are 19 lakhs. The company has a 40 per cent tax rate and one lakh equity shares outstanding. You are required to find out: i) Compute Degrees of Operating Leverage, Financial Leverage & Total Leverage. ii) Using the concept of Operating Leverage, by what percentage will EBIT increase if there is 10 per cent increase in sales? Verify the result. ill) Using the concept of Financial Leverage, by what percentage should EBIT increase if there is 20.53 per cent increase in earnings per share? Verify the result. iv) Calculate the percentage change in earnings per share if sales decrease by 5 per cent