4 0 points ) . The Golden Company's fixed operating costs are $ 6 . 0 million...
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points The Golden Company's fixed operating costs are $ million and total variable operating costs are $ million. The firm has $ million in bonds outstanding with a coupon interest rate of percent. Evans has shares of preferred stock outstanding, which pays a $ annual dividend. There are shares of common stock outstanding. Revenues for the firm are $ million, and the firm is in the percent corporate income tax bracket.
Compute Evans' degree of operating leverage and interpret its value. points
Compute its degree of financial leverage and interpret its value. points
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