Question
Abstract Corporations 2014 EBIT and EPS were $10 million and $1.80 respectively. In 2015, the companys EBIT and EPS were $12 million and $2.20 respectively.
Abstract Corporations 2014 EBIT and EPS were $10 million and $1.80 respectively. In 2015, the companys EBIT and EPS were $12 million and $2.20 respectively. Given this information, calculate the companys degree of financial leverage.
Multiple Choice
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1.22
-
1.44
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1.11
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1.00
-
1.33
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Financial Management Of Health Care Organizations
Authors: William N. Zelman, Michael J. McCue, Noah D. Glick, Marci S. Thomas
5th Edition
1119553849, 9781119553847
