Maverick Technologies has sales of $3,000,000. The company’s fixed operating costs total $500,000 and its variable costs equal 60% of sales, so the company’s current operating income is $700,000. The...


Maverick Technologies has sales of $3,000,000.  The company’s fixed operating costs total $500,000 and its variable costs equal 60% of sales, so the company’s current operating income is $700,000.  The company’s interest expense is $492,284.  What is the company’s degree of financial leverage (DFL)?



Jun 06, 2022
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