This topic contains a solution. Click here to go to the answer

Author Question: Gentech, Inc. is an integrated circuit (microchip) manufacturer based out of New Jersey. Its ... (Read 112 times)

nevelica

  • Hero Member
  • *****
  • Posts: 563
Gentech, Inc. is an integrated circuit (microchip) manufacturer based out of New Jersey. Its principal products include microprocessors and motherboard chipsets. Selected financial statement values for Gentech are shown in the table, below. What is the degree of financial leverage for Gentech given the change in earnings from Year 1 to Year 2?

Gentech Inc. ($000s)
Year 1Year 2
EBIT$9,000$9,800
Interest5050
Pre-Tax Income8,9509,750
Taxes2,9003,100
Net Income6,0506,650
Shares Outstanding14,50014,500
EPS0.41720.4586

◦ 1.12
◦ 1.01
◦ 0.67
◦ 3.11
◦ 1.54


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by nevelica on Apr 25, 2021

livaneabi

  • Sr. Member
  • ****
  • Posts: 328
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 64% of students answer this correctly




nevelica

  • Member
  • Posts: 563
Reply 2 on: Apr 25, 2021
Excellent


dawsa925

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

For a complete list of videos, visit our video library