Question
Need help with this question please...TIA Total Leverage - Sales are $60,000, EBIT = $4,000, NI = $2,000, DOL = 4.0x, and DFL = 1.5x.
Need help with this question please...TIA
Total Leverage -
Sales are $60,000, EBIT = $4,000, NI = $2,000, DOL = 4.0x, and DFL = 1.5x. What will the company's Net Income be if Sales are $66,000 rather than $60,000?
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
15th edition
1337671002, 978-1337395250
