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Maverick Technologies has sales of $3,000,000. The comparry's fixed operating costs totai $546,076 and its variable costs equal 60% of sales. The company's interest expense
Maverick Technologies has sales of $3,000,000. The comparry's fixed operating costs totai $546,076 and its variable costs equal 60% of sales. The company's interest expense is $500,000. What is the company's degree of total leverage (DTL)? Answer to 2 decimal places
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Financial Intelligence For IT Professionals
Authors: Karen Berman, Joe Knight, John Case
1st Edition
1422119149, 9781422119143
