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Please use the following information and income statement for Protection Corp for the year ended December 31, 2019 to answer the questions below: Sales revenues

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Please use the following information and income statement for Protection Corp for the year ended December 31, 2019 to answer the questions below: Sales revenues $150,000 Variable cost of sales (112,500 Gross profit 37,500 (24,000) Fixed operating costs Net operating income (EBIT) 13,500 Interest (10,000 Earnings before taxes 3,500 Taxes (40%) (1,400 2,100 Net income What is the Degree of Operating Leverage (DOL)? What does this value mean? If there is a 2% increase in sales, what is resulting change in EBIT? % What is the Degree of Financial Leverage (DFL)? What does this value mean? If there is a 4% decrease in EBIT, what is the resulting change in EPS? % What is the Degree of Total Leverage (DTL)? What does this value mean? If there is 3% increase in sales, what is the resulting change in EPS? % What is the Sales Operating Break Even Point? $ What is the Quantity Operating Break Even Point? units

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