Mathematics
Mathematics, 01.02.2021 15:20, laura52677

What would be the degree of financial leverage for Foggy Futures Weather Forecasters if the company has earnings before interest and taxes of $750,000, has a 4.5% loan on $1,000,000, and is in the 38% tax bracket? The firm does not have any preferred stock outstanding. a.1.22 b.0.97 c.1.06 d.1.78

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