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Question
Given the following financial data for Cosmos, compute the firm's degree of combined leverage.| 2004 | 2005 | |
| Sales | $780,000 | $874,000 |
| Fixed costs | 195,000 | 218,500 |
| Variable costs | 460,200 | 524,400 |
| EBIT | 124,800 | 131,100 |
| Interest | 46,800 | 52,400 |
| EPS | $0.42 | $0.51 |
a. $0.42
b. 8.37
c. -2.15
d. 1.78
Answer
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Related questions
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