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Balance sheet 500,000 Current assets P 4,000,000 Property, plant, and equipment P 4,500,000 Total assets 30,000 Current liabilities 2,500,000 Long-term debt 200,000 Common stock Retained

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Balance sheet 500,000 Current assets P 4,000,000 Property, plant, and equipment P 4,500,000 Total assets 30,000 Current liabilities 2,500,000 Long-term debt 200,000 Common stock Retained earnings 1,770,000 Total Ilabilities and stockholders' equity P 4,500,000 Budget income information 100,000 units 105,000 units Sales 3,000,000 P 3,150,000 Expenses (less) 2,800,000 2,850,000 Operating income (EBIT) 200,000 300,000 Earnings per share (EPS) P 0.20 1.20 1.1 What is FMT's degree of operating leverage? 1.2 What is FMT's degree of financial leverage

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