12 What is the degree of financing leverage (DFL) for eBuy? eBuy Corporate Income Statement eBuy...
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12 What is the degree of financing leverage (DFL) for eBuy? eBuy Corporate Income Statement eBuy Corporation 20X1 Income Statement (in $ millions) Sales 2,877 Cost of Goods Sold (100% 1,012 variable) Operating Expense (100% fixed) Depreciation Earnings Before Interest and Taxes Interest Expense Earnings Before Taxes Taxes Net Income 1.89 2.13 3.86 3.09 821 364 680 320 360 140 220 12 What is the degree of financing leverage (DFL) for eBuy? eBuy Corporate Income Statement eBuy Corporation 20X1 Income Statement (in $ millions) Sales 2,877 Cost of Goods Sold (100% 1,012 variable) Operating Expense (100% fixed) Depreciation Earnings Before Interest and Taxes Interest Expense Earnings Before Taxes Taxes Net Income 1.89 2.13 3.86 3.09 821 364 680 320 360 140 220
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