Company XYZ's total asset turnover ratio is 3.0. Its fixed operating cost is 150,000 and its variable operating cost ratio is 50%. Interest rate is 10% while income tax rate is 50%. Using these information and the data in the table below, compute for Company XYZ's leverage numbers.

Current Assets 3,900,000

Fixed Assets 11,700,000

Current Liabilities 3,120,000

Long Term Debt 6,240,000

Equity Capital 4,680,000

Retained Earnings 1,560.000

a) Operating Leverage = 1.27, Financial Leverage = 1.02, Combined Leverage =1.30

b) Operating Leverage = 1.50, Financial Leverage = 1.04, Combined Leverage = 1.56

c) Operating Leverage = 1.78, Financial Leverage = 1.07, Combined Leverage = 1.90

d) Operating Leverage = 2.59, Financial Leverage = 1.15, Combined Leverage 2.97