Question
Maverick Technologies has sales of $3,000,000. The companys fixed operating costs total $546,076 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 $546,076 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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Health Care Finance And The Mechanics Of Insurance And Reimbursement
Authors: Michael K. Harrington
2nd Edition
1284169030, 978-1284169034
