Question: Please show all formulas and calculations and interpret meaning! Using the data provided, calculate and interpret the degree of financial leverage (DFL) for Disney and

 Please show all formulas and calculations and interpret meaning! Using the

Please show all formulas and calculations and interpret meaning!

Using the data provided, calculate and interpret the degree of financial leverage (DFL) for Disney and its two amusement park peers. Summary Financial Data for Disney and its Peers All Data in Millions of US Dollars Except EPS Disney 2018 2017 EBIT 14,837 13,873 EPS 8.36 5.69 Six Flags 2018 Cedar Fair 2018 2017 2017 523 465 291 295 3.23 3.09 2.23 3.79 Six Flags Cedar Fair Financial Leverage Calculations Disney Sales EBIT DFL Using the data provided, calculate and interpret the degree of financial leverage (DFL) for Disney and its two amusement park peers. Summary Financial Data for Disney and its Peers All Data in Millions of US Dollars Except EPS Disney 2018 2017 EBIT 14,837 13,873 EPS 8.36 5.69 Six Flags 2018 Cedar Fair 2018 2017 2017 523 465 291 295 3.23 3.09 2.23 3.79 Six Flags Cedar Fair Financial Leverage Calculations Disney Sales EBIT DFL

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