Question: QUESTION 32 CID Enterprise's EPS increased from $2.00 last year to $4.00 this year with a 20 % increase in sales. If CJD's degree of

QUESTION 32 CID Enterprise's EPS increased from $2.00 last year to $4.00 this year with a 20 % increase in sales. If CJD's degree of operating leverage is 3.0, then what is CJD's degree of financial leverage? Oa. 1.5. b. 1,67 C. 5.0 d. Cannot determine. QUESTION 33 10 Prestige has revenue of $50 million with 20% variable costs. It has $20 million of bonds financed at 6% and has fixed costs of $30 million. What is Prestige's degree of total leverage? Oa. 1.1 b. 2.7 C. 4.0. d. 4.5

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