Question
Between 2009 and 2010, the Smartbook Printing Companys data showed that its volume of sales increased from $1,583,612 to 1,979,515; its operating income went from
Between 2009 and 2010, the Smartbook Printing Companys data showed that its volume of sales increased from $1,583,612 to 1,979,515; its operating income went from 712,950 to 995,877; and its earnings per share increased from 1.20 to 1.55. Calculate:
a. The Degree of Operating Leverage
b. The Degree of Financial Leverage
c. The Degree of Combined Leverage
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Mathematics Of Finance
Authors: Robert Brown, Petr Zima
2nd Edition
0071756051, 9780071756051
