Business, 06.05.2020 07:06 samchix727
Praxis Corp. forecasts the following income statement for the next year:
Income Statement For the Year Ended on December 31
Net sales $960,000
Less: Variable costs 532,000
Less: Fixed costs 127,000
EBIT, or NOI $301,000
Less: Interest 191,000
EBT $110,000
Less: Taxes 44,000
Net income $66,000
Praxis Corp. uses no preferred stock in its capital structure. Ccalculate the degrees of operating, financial, and total leverage for Praxis Corp.
a. DOL
b. DFL
c. DTL
Answers: 3
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Praxis Corp. forecasts the following income statement for the next year:
Income Stateme...
Income Stateme...
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