Question: Arbuckle Inc. has offered this data for 2014 - 2018: EBIT: mean $9,894, std dev $2,735 Operating Margin: mean 36.50%, std dev 4.62% Net Income:
Arbuckle Inc. has offered this data for 2014 - 2018:
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EBIT: mean $9,894, std dev $2,735
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Operating Margin: mean 36.50%, std dev 4.62%
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Net Income: mean $5484, std dev $673
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Net Margin: mean 6.12%, std dev 0.32%
They also offer this data for 2017 & 2018:
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%Sales 2017-2018: 5.84%
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%EBIT 2017-2018: 7.66%
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%Net Income 2017-2018: 6.22%
Calculate Arbuckle's degree of financial leverage (DFL). Report the figure as a decimal to four decimal places.
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