Given the following information for Computech, compute the firm's degree of combined leverage (dollars are in thousands
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Given the following information for Computech, compute the firm's degree of combined leverage (dollars are in thousands except EPS):
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2013 500,000 570,000 120,000 342,000 108,000 30,000 $1.00 1.56 2012 Sales Fixed costs Variable costs Earnings before interest and taxes Interest Eamings per share (EPS) 120,000 300,000 80,000 30,000
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Related Book For
Contemporary Financial Management
ISBN: 978-1285198842
13th edition
Authors: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao
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