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What is the company's degree of total leverage? Exhibit 9 Current Year Prior Year Sales 175,000 150,000 Less: Cost of Goods Sold 101,250 120,002 Operating
What is the company's degree of total leverage? Exhibit 9 Current Year Prior Year Sales 175,000 150,000 Less: Cost of Goods Sold 101,250 120,002 Operating Profit (EBIT) 73,750 29,998 Less: Interest 7,000 6,250 Taxable Income 66,750 23,748 Less: Taxes 7,483 5,697 Net Income 59,267 18,051 Edit View Insert Format Tools Table
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