The firm wishes to lower its degree of combined leverage to, Ask an Expert

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problem: The second problem is –A firm has sales if $10 million variable costs of $5 million, EBIT of $ two million & a degree of combined leverage of 3.0 –if the firm has no preferred stock what are its annual interest charges? & if the firm wishes to lower its degree of combined leverage to 2.5 by reducing the interest charges determine the new level of annual interest charges?

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Category:- Basic Finance
Reference No.:- M916244

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