Casul Speling Corp. has a degree of financial leverage of 1.5. The company predicted sales of $458,000, a gross profit of $336,000, EBIT of $243,000 and EPS of $5.36 for the year. Actual sales were $378,000.

Part 1

What is the degree of operating leverage?

Submit

Part 2

What is the degree of combined leverage?

Submit

Part 3

What was the percentage change in EPS? Enter your answer with the percentage sign.

Submit

Part 4

What were the actual earnings per share (EPS)?

Submit