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Veggies and Fruits Corner Inc. sells 30-pound bags of oranges to The Veterans Home facility for $12 per bag.The ?xed costs of this operation are $45,000, while the variable costs of Oranges are $4 per bag. Veggies and Fruits Corner Inc. has an annual interest expense of $50,000.
Question (a) Calculate the degree of ?nancial leverge (DFL) at 25,000 bags sold.
Question (b) Explain the concept of ?nancial leverage. What are the advantages and disadvantages?
(Hint: DFL = EBlT/EBlT-l)
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Corporate Social Responsibility is not a luxury anymore, it is a requirement of all firms no matter how big or small.
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