Chapter 8: Financial According to this information, what will Sivar's EBIT be if sales actually turn out to be $720,000 rather than $800,000? What will the EPS be? Gordon's Plants has the following partial income statement for 2015: 8-4 1,000 Earnings before interest and taxes $ 4,500 Interest (2,000) Earnings before taxes $ 2,500 Taxes (40%) (1,000) Net income $ 1,500 Number of common shares What is the degree of financial leverage for Gordon's? What does this value mean? The Niendorf Corporation produces tea kettles, which it sells for $15 each. Fixe costs are $700,000 for output up to 400,000 units. Variable costs amount to $10 per kettle. 8-5 17 000