Please explain why are they deducting $4500 from $9000 ($45*200 shares) instead it should be $6000 ($30*200 shares). As we purchased for $30 per share and sold for 45 per share so the profit is $15 per share i.e $15*200= $3000 My ...
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2. Jayco, Inc., sells 10,000 units at a price of $5 per unit. Jayco’s fixed costs are $8,000, interest expense is $2,000, variable costs are $3 per unit, and EBIT is $12,000. The degree of operating leverage (DOL) and degree ...
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Asked: In: 8.1 CFA Level 1