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Archit Ltd. has sold 1 lac units of its product at Rs.75 each. Its variable costs are 56% of the sales and it has fixed
Archit Ltd. has sold 1 lac units of its product at Rs.75 each. Its variable costs are 56% of the sales and it has fixed operating costs of Rs. 6 lacs. The company has borrowed Rs.60 lacs at 9% and its equity capital is Rs.60 lacs. Calculate the Degree of Operating Leverage, Degree of Financial Leverage and Degree of Total Leverage for the firm
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