please answer each question and true/falsi. thank you so much! answer choices are provided!

3. A review of the degree of financial leverage (DFL) It is December 31, Last year, Campbell Construction had sales of $120,000,000, and it forecasts that next year's sales will be $109,000,000. Its fixed costs have been-and are expected to continue to be $43,000,000, and its variable cost ratio is 21.00%, Campbell's captal structure consists of a $15 million bank loan, on which it pays an interest rate of 8%, and 750,000 shares of common equity. The company'1 profits are taxed at a marginal rate of 40%. The following are the two principal equations that can be used to calculate a firm's DFL value: Given this infromation, complete the follewing sentences: - The company's percentage change in EBIT is - The percentage change in Campbel's earnings per share (EPS) is - The degree of financial leverage (DFL) at $108,000,000 is . (Hint: Use the changes in EPS and EBIT that you computed to determine DFL.) Consider the following statement about DFL, and indicate whether or not it is correct. Given this infromation, complete the following sentences: - The company's percentage change in EBIT is - The percentage change in Compbell's earnings per share (EPS) is - The degree of financial leverage (DFL) at 5108,000,000 is . (Hint: Use the changes in EPS and EBIT that you computed to determine DFE) Consider the following statement about DFL, and indicete whether or not it is correct. Assume that a firm's fixed capital costs remain constant across a range of operating profit (EBIT) values. The firm 3 DFL wiil vary across the range of EBIT values. False - The company's percentage change in EBIT is - The percentoge change in Campbell's earnings per share (EPS) is - The degree of financial leverage (DFL) at s106,000,000 is - (Hint: Use the changes in EPS and EBIT that you computed to determine DFL)) Consider the following statement about DFL, and indicate whother or not it is correct. Assume that a firm's fixed capital costs remain constant across a range of operating profit (EBIT) values, The firmis DFL will vary across the range of EBIT values. False True Given this infromation, complete the following sentences: - The company's percentage change in EBIT is - The percentage change in Campbell's earnin (EPS) is - The degree of financial leverage (DFL) at $11 . (Hint: Use the changes in EPS and EBIT that you compu Consider the following statement about DFL, a hether or not it is correct. Assume that a firm's fixed capital costs remain constant across a range of operating profit (EBIT) values. The firm's DFL the range of EBIT values. Given this infromation, complete the following sentences: - The company's percentage change in EBIT is - The percentage change in Campbell's earnings per share (EPS) is - The degree of financial leverage (DFL) at $108,000,000 is he changes in EPS and EBIT Consider the following statement about DFL, and indicate whether 0 rrect. Assume that a firm's fixed capital costs remain constant across a range of operating profit (EBIT) values. the range of EBIT values. Given this infromation, complete the following sentences: - The company's percentage change in EBIT is - The percentage change in Campbell's earnings per share (EPS) is - The degree of financial leverage (DFL) at $108,000,000 is - (Hint: Use the changes Consider the following statement about DFL, and indicate wh not it is correct. 2.08 not it is correct. 0.97 1.03 Assume that a firm's fixed capital costs remain constant acruss d range of operating pro the range of EBIT values. Assume that a firm's fixed capital costs remain constant across a range of operating profit (EBIT) values. The firm's DFL will vary across the range of EBIT values. False True 3. A review of the degree of financial leverage (DFL) It is December 31, Last year, Campbell Construction had sales of $120,000,000, and it forecasts that next year's sales will be $109,000,000. Its fixed costs have been-and are expected to continue to be $43,000,000, and its variable cost ratio is 21.00%, Campbell's captal structure consists of a $15 million bank loan, on which it pays an interest rate of 8%, and 750,000 shares of common equity. The company'1 profits are taxed at a marginal rate of 40%. The following are the two principal equations that can be used to calculate a firm's DFL value: Given this infromation, complete the follewing sentences: - The company's percentage change in EBIT is - The percentage change in Campbel's earnings per share (EPS) is - The degree of financial leverage (DFL) at $108,000,000 is . (Hint: Use the changes in EPS and EBIT that you computed to determine DFL.) Consider the following statement about DFL, and indicate whether or not it is correct. Given this infromation, complete the following sentences: - The company's percentage change in EBIT is - The percentage change in Compbell's earnings per share (EPS) is - The degree of financial leverage (DFL) at 5108,000,000 is . (Hint: Use the changes in EPS and EBIT that you computed to determine DFE) Consider the following statement about DFL, and indicete whether or not it is correct. Assume that a firm's fixed capital costs remain constant across a range of operating profit (EBIT) values. The firm 3 DFL wiil vary across the range of EBIT values. False - The company's percentage change in EBIT is - The percentoge change in Campbell's earnings per share (EPS) is - The degree of financial leverage (DFL) at s106,000,000 is - (Hint: Use the changes in EPS and EBIT that you computed to determine DFL)) Consider the following statement about DFL, and indicate whother or not it is correct. Assume that a firm's fixed capital costs remain constant across a range of operating profit (EBIT) values, The firmis DFL will vary across the range of EBIT values. False True Given this infromation, complete the following sentences: - The company's percentage change in EBIT is - The percentage change in Campbell's earnin (EPS) is - The degree of financial leverage (DFL) at $11 . (Hint: Use the changes in EPS and EBIT that you compu Consider the following statement about DFL, a hether or not it is correct. Assume that a firm's fixed capital costs remain constant across a range of operating profit (EBIT) values. The firm's DFL the range of EBIT values. Given this infromation, complete the following sentences: - The company's percentage change in EBIT is - The percentage change in Campbell's earnings per share (EPS) is - The degree of financial leverage (DFL) at $108,000,000 is he changes in EPS and EBIT Consider the following statement about DFL, and indicate whether 0 rrect. Assume that a firm's fixed capital costs remain constant across a range of operating profit (EBIT) values. the range of EBIT values. Given this infromation, complete the following sentences: - The company's percentage change in EBIT is - The percentage change in Campbell's earnings per share (EPS) is - The degree of financial leverage (DFL) at $108,000,000 is - (Hint: Use the changes Consider the following statement about DFL, and indicate wh not it is correct. 2.08 not it is correct. 0.97 1.03 Assume that a firm's fixed capital costs remain constant acruss d range of operating pro the range of EBIT values. Assume that a firm's fixed capital costs remain constant across a range of operating profit (EBIT) values. The firm's DFL will vary across the range of EBIT values. False True