If EBIT equals $140,000 and interest equals $21,000,with a tax rate of 31%,what is the degree of financial leverage?
A) 6.67x
B) 5.67x
C) 3.91x
D) 1.18x

Name: If EBIT equals $140,000 and interest equals $21,000,with a tax rate of 31%,what is the degree of financial leverage? A) 6.67x B) 5.67x C) 3.91x D) 1.18x
Brand: Quizplus
Rating: 4.9 (35 reviews)

Question

Quizplus · Accepted Answer

The Answer of If EBIT equals $140,000 and interest equals $21,000,with a tax rate of 31%,what is the degree of financial leverage?
A) 6.67x
B) 5.67x
C) 3.91x
D) 1.18x

If EBIT Equals $140,000 and Interest Equals $21,000,with a Tax