Parker Investments has interest expense of $6,000, and preferred dividends of $5,000. If it pays taxes at
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Parker Investments has interest expense of $6,000, and preferred dividends of $5,000. If it pays taxes at a rate of 37%, what is Parker’s degree of financial leverage (DFL) at a base level of EBIT of $40,000?
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Related Book For 
Principles Of Managerial Finance
ISBN: 9781292400648
16th Global Edition
Authors: Chad Zutter, Scott Smart
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