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corp fin Assume Forsythe; Inc, had sales last year of 12 milion and a profit of 2 million dollars. This year, we had sales of
corp fin
Assume Forsythe; Inc, had sales last year of 12 milion and a profit of 2 million dollars. This year, we had sales of 15 milion and made a profit of 3.5 milion dollars. Compute the degree of operating leverage of my company. Additionally compute by how much sales would need to decline next year to wipe out 100% of my profits, assuming I don't change the capital structure Step by Step Solution
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