s Problem 14-5 Question 21 of 25 Check My Work (10 remaining) eBook Albatross Airline's fixed operating costs are $4.9 million, and its variable cost ratio is 0.25. The firm has $2.5 million in bonds outstanding with a coupon interest rate of 6 percent. Albatross has 30,000 shares of preferred stock outstanding, which pays a $2.45 annual dividend. There are 100,000 shares of common stock outstanding. Revenues for the firm are $12 million, and the firm is in the 40 percent corporate income tax bracket. Compute the following for the firm. Round your answers to three decimal places. a. Degree of operating leverage: b. Degree of financial leverage: c. Degree of combined leverage: Interpret this value. Enter your answer for dollar value in whole dollar. For example, an answer of $1.20 million should be entered as 1,200,000, not 1.20. From a base -Select- level of $ Icon Key , each one percent increase in -Select- results in a percent -Select- in -Select- v Check My Work (10 remaining)