Question
Micks Soft Lemonade is starting to develop a new product for which the cash fixed costs are expected to be $108,000. The projected EBIT is
Micks Soft Lemonade is starting to develop a new product for which the cash fixed costs are expected to be $108,000. The projected EBIT is $143,000, and the Accounting DOL is expected to be 2.3. What is the Cash Flow DOL for the firm? (Round answer to 2 decimal places, e.g. 15.25.)
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Governing Global Finance
Authors: Michele Fratianni, Paolo Savona
1st Edition
1138742147, 978-1138742147
