Borkstran Has Sales of $7

question 77

Multiple Choice

Borkstran has sales of $7.8 million, a variable cost ratio of 0.6, EBIT of $1.1 million, and a degree of combined leverage of 3.4. What is Borkstran's degree of financial leverage?

• A) 1.20
• B) 0.73
• C) 2.29
• D) 0.84

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Definitions:

Slanderous

Related to the making of false and damaging statements about someone, typically spoken, that harm their reputation.

West Virginia

A state located in the Appalachian region of the Southern United States, known for its mountains and coal mining industry.

Barnette

Refers to West Virginia State Board of Education v. Barnette, a Supreme Court case deciding that students cannot be forced to salute the flag or recite the Pledge of Allegiance in school.

Endorsed

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