Question
From the following income statement, calculate: a) Degree of financial leverage. b) Degree of operating leverage. c) Degree of combined leverage. For the Year Ended
From the following income statement, calculate:
a) Degree of financial leverage. b) Degree of operating leverage. c) Degree of combined leverage.
For the Year Ended 12/31/2007:
Sales: $440,000 TVC: 240,000 Fixed Costs: 96,000 EBIT: $104,000 Interest: 19,200 EBT: $84,800 Taxes at 35% 29,680 Net Income: $55,120 Shares Outstanding: 16,000 EPS: $3.44
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Practical financial management
Authors: William r. Lasher
5th Edition
0324422636, 978-0324422634
