XYZ Corporation
20x8 Income Statement (in $millions)
Sales	1,954
Cost of Goods Sold (100% variable)	879
Operating Expense (100% fixed)	945
Earnings Before Interest and Taxes	130
Interest Expense	120
Earnings Before Taxes	10
Taxes	4
Net Income	6

What is the DFL of XYZ? Assume Cost of Goods Sold is variable cost and all operating expenses are fixed costs.

A)21.67

B)13.00

C)1.67

D)15.03