Question: Selected financial statement values for HQ are shown in the table below. What is the degree of total leverage for HQ given the change in

Selected financial statement values for HQ are shown in the table below. What is the degree of total leverage for HQ given the change in revenues from Year 1 to Year 2?

Selected Accounting Information

HQ Sustainable Maritime Industries Inc.

($000s)

Year 1

Year 2

Sales

67,723

71,109

EBIT

12,954

13,667

EPS

0.5036

0.5327

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