Question $4($Calculation for Leverages$)$

$[15]$

The following information has been extracted from the books of Paris Padayachee $($CPP$)($Pty$)$ Ltd for the year ended $31$ December $2023.$ You have been tasked as the Financial Accountant of the company to calculate the leverages for the company.

$\backslash$table$[[$Sales $(15000$ units$),$R$2400000],[$Variable Cost $(15000$ units$),($R$1020000)],[$Contribution$,$R$1380000],[$Fixed Cost,$($R$580000)],[$Earnings before interest and Tax,R$800000],[$Interest Expense $($Finance Cost$),($R$280000)],[$Earnings before tax,R$520000],[$Taxation$,($R$208000)],[$Earnings after tax,R$312000]]$

Round off your final answer to $2$ decimal places.

Required Calculate the following leverages for company.

i$.$ What is the break$-$even point in units and value

$[4]$

ii$.$ Calculate the degree of operating leverage

$[4]$

iii. Calculate the degree of financial leverage

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iv$.$ Calculate the degree of combined leverage

$[3]$