Question: I need help figuring out the: Degree of operating leverage Degree of financial leverage Degree of combined leverage Break even point HARDING COMPANYIncome StatementFor the

I need help figuring out the:

  1. Degree of operating leverage
  2. Degree of financial leverage
  3. Degree of combined leverage
  4. Break even point

HARDING COMPANYIncome StatementFor the Year Ended December 31, 20X1

Sales (10,900 skates @ $68 each)$741,200

Variable costs (10,900 skates at $29)316,100

Fixed costs240,000

Earnings before interest and taxes (EBIT)$185,100

Interest expense64,500

Earnings before taxes (EBT)$120,600

Income tax expense (40%)48,240

Earnings after taxes (EAT)$72,360

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