In 20X8 ABC Corporation had sales of $3,482 (in millions), EBIT of $638 (in millions), and...

70.2K

Verified Solution

Question

Finance

In 20X8 ABC Corporation had sales of $3,482 (in millions), EBITof $638 (in millions), and net income of $189 (in millions). ItsDOL, DFL, and DCL are 5.46, 3.38 and 18.42, respectively. If theEBIT decreases to $600 (in millions) in 20X9, what is the netincome of ABC in 20X9?

Answer & Explanation Solved by verified expert

4.4 Ratings (856 Votes)

See Answer

Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:

Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!

Become a Member

Transcribed Image Text

In 20X8 ABC Corporation had sales of $3,482 (in millions), EBITof $638 (in millions), and net income of $189 (in millions). ItsDOL, DFL, and DCL are 5.46, 3.38 and 18.42, respectively. If theEBIT decreases to $600 (in millions) in 20X9, what is the netincome of ABC in 20X9?

In 20X8 ABC Corporation had sales of $3,482 (in millions), EBIT of $638 (in millions), and...

70.2K

Verified Solution

Question

Finance

In 20X8 ABC Corporation had sales of $3,482 (in millions), EBITof $638 (in millions), and net income of $189 (in millions). ItsDOL, DFL, and DCL are 5.46, 3.38 and 18.42, respectively. If theEBIT decreases to $600 (in millions) in 20X9, what is the netincome of ABC in 20X9?

Answer & Explanation Solved by verified expert

Get Answers to Unlimited Questions

Membership Benefits:

Transcribed Image Text

Other questions asked by students