Q 3: At first, input the last 2 year's data Income Statement for your assigned company (see Appendix) in your notebook. Then calculate Degree of Operating Leverage, Degree of Financial Leverage and Degree of Total Leverage (using the % change method) assuming second last year as base year. 8 For example: ABC Company Ltd (input the values like the following statement) Demo Statement Base Year New Year 30-Jun 30-Jun 2019 2020 Sales 100 120 For example: ABC Company Ltd's latest annual report is for June 30 2020. So take 2019 as the base year and calculate the DOL, DFL and DTL taking change in data from 2019 to 2020. Operating profit or EBIT 40 50 Net Profit for the year 20 30 Divide by: No. of Shares 10 10 EPS 2 3