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Only question 8 is needed! thank you! 8. A firm has earnings per share of $2.60 at a sales level of $5 million. If the

Only question 8 is needed! thank you! image text in transcribed
8. A firm has earnings per share of $2.60 at a sales level of $5 million. If the firm has a degree of operating leverage of 3.0 and a degree of financial leverage of 5.5 (both at a sales level of $5 million), forecast earnings per share for a 2 percent sales decline. 9. Blums Inc. expects its operating income over the coming year to equal $1.5 million, with a standard deviation of $300,000. Its coefficient of variation is equal to 0.20

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