Jerry's Dog Food, Inc. is a dog food wholesaler located in Greenwich, Connecticut. Selected financial statement values
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Jerry's Dog Food, Inc. is a dog food wholesaler located in Greenwich, Connecticut. Selected financial statement values for Jerry's are shown in the table below. What is the degree of total leverage for Jerry's given the change in revenues from Year 1 to Year 2?
Jerry's Dog Food Inc. | ||
Year 1 | Year 2 | |
Sales | $170,000 | $185,000 |
EBIT | 18,000 | 20,500 |
EPS | 5.3810 | 6.2857 |
Related Book For
Corporate Finance A Practical Approach
ISBN: 9781118217290
2nd Edition
Authors: Michelle R Clayman, Martin S Fridson, George H Troughton, Matthew Scanlan
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