Prestige has revenue of $50 million with 20% variable costs. It has $20 million of bonds financed at 6% and has fixed costs of $30 million. What is Prestige's degree of total leverage? a. 1.1. b. 2.7. c. 4.0. d. 4.5. CJD Enterprise's EPS increased from $2.00 last year to $4.00 this year with a 20% increase in sales. If CJD's degree of operating leverage is 3.0, then what is CJD's degree of financial leverage? a. 1.5. b. 1.67 c. 5.0. d. Cannot determine