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You have developed the following analytical income statement for your corporation. It represents the most recent year's operations, which ended yesterday. You are now asked

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You have developed the following analytical income statement for your corporation. It represents the most recent year's operations, which ended yesterday. You are now asked to answer the following questions: a. At this level of output, what's the degree of operating leverage? b. What's the degree of financial leverage? c. What's the degree of combined leverage? d. What's the firm's break-even point in sales dollars? e. What's should increase by 30%, by what percent would earnings before taxes (and net income) increase? f. Prepare an analytical income statement that verifies the calculations from part (e)

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