Question
Maverick Technologies has sales of $3,000,000. The companys fixed operating costs total $501,046 and its variable costs equal 60% of sales. The companys interest expense
Maverick Technologies has sales of $3,000,000. The companys fixed operating costs total $501,046 and its variable costs equal 60% of sales. The companys interest expense is $500,000. What is the companys degree of total leverage (DTL)? Answer to 2 decimal places.
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Foreign Investment And Spillovers
Authors: Magnus Blomstrom
1st Edition
1138025976,1317685121
