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Alston Corporation reported EBIT of $2,000,000 this year and $1,500,000 last year. Sales this year were $4,400,000 and $4,000,000 last year. EPS were $5.00 this
Alston Corporation reported EBIT of $2,000,000 this year and $1,500,000 last year. Sales this year were $4,400,000 and $4,000,000 last year. EPS were $5.00 this year and $3.50 last year. What was the companys degree of operating leverage?
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Derivatives Markets
Authors: Robert L. McDonald
2nd Edition
032128030X, 978-0321280305
