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

question 83

Multiple Choice

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

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Standard Deviations

A measure in statistics that quantifies the amount of variation or dispersion of a set of data values, indicating how much the data differs from the mean.

IQ Test

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