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If EBIT equals $280,000 and interest equals $20,000,with a tax rate of 31%,what is the degree of financial leverage?
Rural Operations
Activities and strategic measures undertaken by businesses and organizations to implement and manage processes in countryside or agricultural settings.
Financing
The process of providing funds for business activities, making purchases, or investing.
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Enterprises characterized by a small number of employees, limited revenue, and relatively smaller scale of operations.
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