a. XYZ Ltd, has sales of Rs. 10,00,000. Variable cost of Rs. 4,00,000 and fixed costs of Rs 2,00,000. It has a long term debt of Rs. 20,00,000 at 10% rate of interest. Calculate the Operational, financial and combined leverages Based in the following information, calculate the degree of operating leverage and also comment on the Risk of companies Variable expenses are 40% of sales for firm X and 15% for firm Y. Determine the operating, Financial and Combined leverage of a company from the following data: Variable expenses are 35% of sales