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If EBIT equals $140,000 and interest equals $21,000, with a tax rate of 31%, what is the degree of financial leverage? Select one: A. 6.67x
If EBIT equals $140,000 and interest equals $21,000, with a tax rate of 31%, what is the degree of financial leverage?
Select one:
A. 6.67x
B. 1.18x
C. 5.67x
D. 3.91x
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