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Author Question: Jerry's Dog Food, Inc. is a dog food wholesaler located in Greenwich, Connecticut. Selected ... (Read 38 times)

Caiter2013

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on: Apr 25, 2021
Jerry's Dog Food, Inc. is a dog food wholesaler located in Greenwich, Connecticut. Selected financial statement values for Jerry's are shown in the table below. What is the degree of financial leverage for Jerry's given the change in earnings from Year 1 to Year 2?

Jerry's Dog Food Inc. ​​
​Year 1Year 2
EBIT$18,000$20,500
Interest200200
Pre-Tax Income17,80020,300
Taxes6,5007,100
Net Income11,30013,200
Shares Outstanding2,1002,100
EPS5.38106.2857

◦ 0.62
◦ 2.55
◦ 1.21
◦ 1.01
◦ 1.05
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
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Marked as best answer by Caiter2013 on Apr 25, 2021

jrpg123456

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Reply #1 on: Apr 25, 2021
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.
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Caiter2013

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Reply 2 on: Apr 25, 2021
YES! Correct, THANKS for helping me on my review

gcook

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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