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Points Possible Due Date Sunday, March 8, 2020 11:59 PM 5 The Brown Company's income statement for 2013 is as follows: Sales (25,000 units at

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Points Possible Due Date Sunday, March 8, 2020 11:59 PM 5 The Brown Company's income statement for 2013 is as follows: Sales (25,000 units at $50 each) $1,250,000 Less: Variable costs (25,000 tires at $20) 500,000 Fixed Costs 400,000 Earnings before interest and taxes $350,000 Interest Expense 50,000 Earnings before Taxes $300,000 Income Tax Expense (30%) 90,000 Earnings After Taxes $210,000 Given this income statement, compute the following: a. Degree of operating leverage b. Degree of financial leverage C. Degree of combined leverage d. Breakeven point in units

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