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The following are excerpts from the income statement of Company A85 for the period ended December 31, 2020: . Sales - $1,000,000 . Total variable

The following are excerpts from the income statement of Company A85 for the period ended December 31, 2020: . Sales - $1,000,000 . Total variable cost - $350,000 . Earnings before interest and taxes - $250,000 . Income tax expense - $50,000 . Net income - $100,000 Compute the degree of financial leverage. 1.40 1.67 2.00 2.50

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