Casul Speling Corp. has a degree of financial leverage of 2 . The company predicted...
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Casul Speling Corp. has a degree of financial leverage of 2 . The company predicted sales of $454,000, a gross profit of $388,000, EBIT of $295,000 and EPS of $5.52 for the year. Actual sales were $374,000. Part 1 Attempt 1/20 for 10pts. What is the degree of operating leverage? Part 2 Attempt 1/20 for 10pts. What is the degree of combined leverage? Part 3 - Attempt 1/20 for 10 pts. What was the percentage change in EPS? Enter your answer with the percentage sign. What were the actual earnings per share (EPS)
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