Answered step by step

Verified Expert Solution

Link Copied!

Question

...

1 Approved Answer

Posted on Jul 20, 2024

Data Recovery Systems (DRS) has a degree of operating leverage (DOL) equal to 3.2x and a degree of total leverage (DTL) equal to 8x. DRS

Data Recovery Systems (DRS) has a degree of operating leverage (DOL) equal to 3.2x and a degree of total leverage (DTL) equal to 8x. DRS forecasts that this year's sales will be $300,000 and that EBIT will be $180,000. If sales actually turn out to be $313,500, what will DRS's EBIT be?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Accounting

Authors: J. David Spiceland, James Sepe, Mark Nelson

6th edition

978-0077400163

Students also viewed these Finance questions

Question

4. Obtain an IC chip with an SPI or I2 C interface and design an interface for it on the FPGA board. Chips with SPI interfaces include analog-to-digital converters, digital-to-analog converters and...

Answered: 1 week ago

Question

★★★★★

Damsels clothing store orders a line of jeans at a suggested retail price of $58 less trade discounts of 30% and 7%. The manager intends to sell the jeans at the suggested retail price. If overhead...

Answered: 1 week ago

Question

★★★★★

Use python Create a program that asks a user a question. Your question should have at least two potential answers (you can do more than two if you really want to). Once the user answers the question,...

Answered: 1 week ago

Question

★★★★★

or-1 Financial Statement Analysis BUS 352 Budgeting /Performance Evaluation Fasts Premier Manufacturing Inc., manufactures electronic devices and has established the following price and cost...

Answered: 1 week ago

Question

★★★★★

Luke Corporation produces a variety of products, each within their own division. Last year, the managers at Luke developed and began marketing a new chewing gum, Bubbs, to sell in vending machines....

Answered: 1 week ago

Question

★★★★★

The demand curve for product X is given by: Qd X = 500 5PX and the supply curve is given by: QS X = 10PX (a) What is the function for inverse demand? What is the function for inverse supply? (b) What...

Answered: 1 week ago

Question

★★★★★

Scenario update As a proof of concept in the TSA Meats network build project the network architect that you demonstrate how the final network would operate with the aid of the network emulation tool...

Answered: 1 week ago

Question

★★★★★

Use the following distribution to estimate the percentage of light bulbs having a life less than 2500 hours. Hours of life' of light bulbs 0 1000 4000 5000 2000 3000 hours A. 20% B. 50% C. 5% D. 80%

Answered: 1 week ago

Question

★★★★★

In 1980, approximately 20% of adults aged 18-34 were considered minorities, reporting their ethnicity as other than nonHispanic white. By the end of 2013, that percentage had more than doubled. How...

Answered: 1 week ago

Previous Question Next Question