Question: Given the following financial data for Boston Technology, compute the firm's degree of combined leverage. Assume a marginal tax rate of 40%.(first number is for

Given the following financial data for Boston Technology, compute the firm's degree of combined leverage. Assume a marginal tax rate of 40%.(first number is for 2010 and second is for 2011) Sales $700,000 $760,000 Fixed costs 175,000 190,000 Variable costs 406,000 448,000 EBIT 119,000 122,000 Interest 42,000 46,000 Shares outstanding 100,000 102,000

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