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Question 4 Not yet Mittens Inc. has provided you with the following Income Statement: Mittens Inc. answered Marked out of 1.00 Income Statement Year ended
Question 4 Not yet Mittens Inc. has provided you with the following Income Statement: Mittens Inc. answered Marked out of 1.00 Income Statement Year ended December 31, 2019 P Flag question Sales $500,000 Variable operating costs 300,000 Fixed operating cost 90,000 EBIT 110,000 Interest expense 45,000 EBT 65,000 Taxes 19,500 EAT $45,500 Calculate the DOL (round to 2 decimal places)
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