Accountancy, asked by jannatkhan5642, 7 months ago

Calculate the degree of financial leverage (DFL) for a firm when its EBIT is $2,000,000. The firm has $3,000,000 in debt that costs 10% annually. The firm also has a 9%, $1,000,000 preferred stock issue outstanding. The firm pays 40% in taxes.

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Answered by srinuvasulu0200

0

Answer:

really I don't know that and I can't understand what you ask.

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