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Can someone please walk through this in Excel? Analysts have evaluated ABC and discovered that when sales are $375,000, EBIT equals $99,000, the companys degree
Can someone please walk through this in Excel? Analysts have evaluated ABC and discovered that when sales are $375,000, EBIT equals $99,000, the companys degree of operating leverage (DOL) is 2.0, its degree of financial leverage (DFL) is 4.0, and EPS equals $1.75. According to this information, what will ABCs EBIT be if sales actually equal $325,000 rather than $375,000? What will the EPS be?
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