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In 20X8 ABC Corporation had sales of $3,482 (in millions), EBIT of $638 (in millions), and...

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Finance

In 20X8 ABC Corporation had sales of $3,482 (in millions), EBITof $638 (in millions), and net income of $189 (in millions). ItsDOL, DFL, and DCL are 5.46, 3.38 and 18.42, respectively. If theEBIT decreases to $600 (in millions) in 20X9, what is the netincome of ABC in 20X9?

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In 20X8 ABC Corporation had sales of $3,482 (in millions), EBITof $638 (in millions), and net income of $189 (in millions). ItsDOL, DFL, and DCL are 5.46, 3.38 and 18.42, respectively. If theEBIT decreases to $600 (in millions) in 20X9, what is the netincome of ABC in 20X9?

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