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Freudian Slips and Gowns, Inc. s income statement for 2 0 XX is as follows: FREUDIAN SLIPS AND GOWNS Income Statement Year ended December 3
Freudian Slips and Gowns, Inc.s income statement for XX is as follows: FREUDIAN SLIPS AND GOWNS Income Statement Year ended December XX Sales units at $ $ Less: Variable costs units at $ Contribution margin Less: Fixed costs Operating profit or EBIT Interest expense Earnings before taxes EBT Income tax expense Earnings after taxes EAT $ Given this income statement, compute the following: a Degree of operating leverage. DOL b Degree of financial leverage. Round the final answer to decimal place. DFL c Degree of combined leverage. Do not round the intermediate calculations. Round the final answer to decimal place. DCL
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