Question
Judah Greg Systems has a degree of operating leverage (DOL) equal to 3.1x and a degree of total leverage (DTL) equal to 7.8x. Judah Greg
Judah Greg Systems has a degree of operating leverage (DOL) equal to 3.1x and a degree of total leverage (DTL) equal to 7.8x. Judah Greg Systems forecasts that this year's sales will be $300,000 and that EBIT will be $180,000. If sales turn out to be $313,500, what will JGS's EBIT be?
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How To Save It Fix Your Finances
Authors: Bola Sol
1st Edition
1529118816, 978-1529118810
