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show your work please (no excel) A company has the following Statement of Comprehensive income (Income statement) Sales Variable Costs Fixed Costs EBIT Interest EBT
show your work please (no excel)
A company has the following Statement of Comprehensive income (Income statement) Sales Variable Costs Fixed Costs EBIT Interest EBT Tax Net Income $5,420,000 $2,000,000 $500,000 $2,920,000 $1,500,000 $1,420,000 $600,000 $820,000 ho a) Calculate the degree of operating leverage (DOL) b) Calculate the degree of financial leverage (DFL) c) Calculate the degree of combined leverage (DCL) d) If sales increased by 18% how much would EBIT change? e) if sales increased by 18% how much would EPS change Step by Step Solution
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