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to 8 (page 5 of 7 ) BACK TO MYNAIT - P Flag question Question 14 Not yet answered Marked out of 1.00 P Flag
to 8 (page 5 of 7 ) BACK TO MYNAIT - P Flag question Question 14 Not yet answered Marked out of 1.00 P Flag question False Time left 0:25:56 Finish attempt Sales (100,000 units) $1,000,000 Variable costs 300,000 Contribution margin 700,000 Fixed manufacturing costs 250,000_ Operating income 450,000 Interest 60,000_ Earnings before taxes 390,000 Taxes (at 31%) 120,900 Net income $269,100 Shares outstanding 10,000 The Degree of Financial Leverage is: Select one a. 1.15 x. b. 1.56x. c. 1.79x. d. 7.50 x
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