An analyst does research about the financi
题型:单项选择题
问题:
An analyst does research about the financial leverage about a company and gathers the following information:
·Operating income is $180000
·Tax expense is $75000
·Interest expense is $80000
·Tax rate is 35%
The company's degree of financial leverage is closest to:
A. 1.4
B. 1.7
C. 1.8