Parker Investments has EBIT of $19,700, interest expense of $3,090, and preferred dividends of $4,080. If it pays taxes at a rate of 38%, what is Parker's degree of financial leverage (DFL) at a base level of EBIT of $19,700?

The degree of financial leverage is

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Parker Investments has EBIT of $19,700, interest expense of $3,090, and preferred dividends of $4,080. If it pays taxes at a rate of 38%, what is Parker's degree of financial leverage (DFL) at a base level of EBIT of $19,700?

The degree of financial leverage is

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Parker Investments has EBIT of $19,700, interest expense of $3,090, and preferred dividends of $4,080. If it pays taxes at a rate of 38%, what

Parker Investments has EBIT of $19,700, interest expense of $3,090, and preferred dividends of $4,080. If it pays taxes at a rate of 38%, what is Parker's degree of financial leverage (DFL) at a base level of EBIT of $19,700?

The degree of financial leverage is

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