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Problem 1: Prepare income statements ,compare and comment on leverages of companies. following details provided to you to prepare statement:
Company
A B
Operating leverages 4 3
Combined leverages 16 15
Interest Rs. 480000 525000
Tax rate 30% 30%
Variable cost 40% 50%
No. of equity shares 10000 10000
ACC1175 Financial Accounting II Assignment Help and Solution, Lethbridge College - Assessment Writing Service - Was South Dakaota Corporation wise
A flexible budget adjusts revenues and costs with changes in the levels of activity. It is a performance evaluation tool for different levels of activity.
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