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DFL Practice Problems 1 . Suppose that a company has no interest expense, and that taxes are 40% of EBIT. If EBT is $20,000 and

DFL Practice Problems 1 . Suppose that a company has no interest expense, and that taxes are 40% of EBIT. If EBT is $20,000 and AEBIT is $300, what is the degree of financial leverage? (1Ipt)

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