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Following is the December 31, 2021 Income Statement for Salty's Peanuts Salty's Peanuts Income Statement For the year ended Dec 31, 2019 Sales (20,000 bags
Following is the December 31, 2021 Income Statement for Salty's Peanuts Salty's Peanuts Income Statement For the year ended Dec 31, 2019 Sales (20,000 bags at $8 each) Less: Variable costs (20,000 bags at $3.00 each) Contribution margin Less: Fixed costs Earings before interest and taxes (EBIT) Interest expense Eamings before taxes (EBT) Income tax expense Earnings after taxes (EAT) $160,000 60.000 100.000 0000 60,000 20.000 40,000 20.000 $ 20.000 Question 9 (2 points) Saved What is the degree of operating leverage (DOL) for Salty's Peanuts? 1.82 1.36 1.20 1.67 Question 10 (2 points) Saved What is the degree of financial leverage (DFL)? 1.36 1.20 1.80 15 Question 11 (2 points) Saved What is the degree of combined leverage (DCL)? 1.36 2.50 1.67 02.0 Question 12 (2 points) Saved What is the break-even point in sales dollars? $60,000 $48,000 None of the given solutions. O $64,000
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