Question
From the following incomplete income statement for 20XX, calculate the following ratios: A) DFL B) DOL C) DCL Sales Variable cost 240,000 Contribution margin 200,000
From the following incomplete income statement for 20XX, calculate the following ratios: A) DFL B) DOL C) DCL
| Sales |
|
| Variable cost | 240,000 |
| Contribution margin | 200,000 |
| Fixed costs | 96,000 |
| EBIT |
|
| Interest | 19,200 |
| EBT |
|
| Taxes @35% | 29,680 |
| Net Income |
|
| Shares outstanding | 16,000 |
| EPS | $5.52 |
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Financial Statement Analysis
Authors: Charles H. Gibson
13th International Edition
1133189407, 9781133189404
