been met be paid only after all investment financing needs have O earnings remaining after preferred stock dividends have been paid should be paid to common stockholde 1 p Question 16 Kiwi Airlines has fixed operating costs of $5.8 million, and its variable costs amount to 20 percent of sales revenue. The firm has $2 million in bonds outstanding with a coupon interest rate of 8 percent. Revenues for the firm are $8 million and the firm is in the 40 percent corporate income tax What is the firm's degree of financial leverage? O 145 O 5.0 O 14.54 O10.67 1.36 Question 17 1 pts Kiwi Airlines has fixed opera ating costs of $5.8 million, and its variable costs amount to 20 percent FS F7 F8