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Business, 13.08.2019 02:20 azaz1819

Kiwi airlines has fixed operating costs of $5.8 million, and its variable costs amount to 20 percent of sales revenue. the firm has $2 million in bonds outstanding with a coupon interest rate of 8 percent. revenues for the firm are $8 million and the firm is in the 40 percent corporate income tax bracket. how will a 10 percent increase in operating income affect earnings per share

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Kiwi airlines has fixed operating costs of $5.8 million, and its variable costs amount to 20 percent...

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