Enigma Energy has forecasted that its EPS will be $4 per share this year. If the firms
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Enigma Energy has forecasted that its EPS will be $4 per share this year. If the firm’s degree of operating leverage (DOL) is 3.0× and its degree of financial leverage (DFL) is 2.0×, what will its EPS be if sales turn out to be 10 percent lower than expected?
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DOL 30 DFL 20 DTL 30 x 20 60 If E...View the full answer
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