earnings before interest and tax In 2009, Firm X has net income of $182,000, income tax of $80,000, and interest expense of $31,000. Required: a. Compute the degree of financial leverage. b. In 2010, if earnings before interest and tax increase by 10%, what should be the change in net income? c. In 2010, if earnings before interest and tax decline by 50%, what should be the change in net income? Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help
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