A firm has sales of Rs 10,00,000, variable cost of Rs 7,00,000 and fixed costs of Rs
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A firm has sales of Rs 10,00,000, variable cost of Rs 7,00,000 and fixed costs of Rs 2,00,000 and debt of Rs 5,00,000 at 10% rate of interest. What are the operating, financial and combined leverages? If the firm wants to double its EBIT, how much of a rise in sales would be needed on a % basis?
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