Azure laptops has a manufacturing plant operating at full capacity has the sales of 3,000,000 for the year 2021. variable cost of the plant= 1,500,000. Fixed cost for the plant=750,000 8% debt amount=2,000,000 Equity capital =5,500,000 Find Azure laptops financial leverage for the year 2021.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
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Azure laptops has a manufacturing plant operating at full capacity has the
sales of 3,000,000 for the year 2021.
variable cost of the plant= 1,500,000.
Fixed cost for the plant=750,000
8% debt amount=2,000,000
Equity capital =5,500,000
Find Azure laptops financial leverage for the year 2021.
Transcribed Image Text:Azure laptops has a manufacturing plant operating at full capacity has the sales of 3,000,000 for the year 2021. variable cost of the plant= 1,500,000. Fixed cost for the plant=750,000 8% debt amount=2,000,000 Equity capital =5,500,000 Find Azure laptops financial leverage for the year 2021.
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