Question
Dellis reviewing its financial condition. The firm generated an operating profit of3884683. The firms interest expense was $2707942. What is the firms degree of financial
Dellis reviewing its financial condition. The firm generated an operating profit of3884683. The firms interest expense was $2707942.
What is the firms degree of financial leverage?
Round the answer to two decimals.
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Derivatives Markets
Authors: Robert L. McDonald
2nd Edition
032128030X, 978-0321280305
