Calculate DOL, DOF, and DOT for both years.ANSWER 20202021 BALANCE SHEETASSETSCurrent AssetsCash and cash equivalentsAccounts ReceivablesInventoriesTotal Current AssetsNon-Current AssetProperty, plant and equipment - netTotal AssetsLiabilitiesCurrent LiabilitiesAccounts payableLoans and notes payableTotal Current LiabilitiesLong-term debtTotal LiabilitiesStockholders EquityCommon stockReinvested earningsStockholders Equity2020162,003578,848343,3101,084,1601,621,7302,705,890356,098141,928498,025476,823974,848100,5131,630,5301,731,0432021Differen311,055 149,053598,455 19,608364,815 21,5051,733,903 112,1733,008,228418,27562,178192,280 50,353610,555588,473 111,6501,199,028100,5131,708,688 78,1581,274,3251,809,200 Total Liabilities and EquityINCOME STATEMENTNet Operating RevenuesCost of goods soldGross ProfitDepreciationOperating ExpensesOperating IncomeInterest (income) expenseIncome Before Income TaxesIncome TaxNet IncomeADDITIONAL INFORMATIONPurchasesPreferred dividendOutstanding common sharesCommon dividendMarket priceReturn on Equity2,705,89020202,228,2431,325,308902,93581,098602,415219,42321,450197,97359,392138,5811,303,803275 $13,7504.40 $165.00 $5.50%$$3,008,22820212,510,5301,489,0701,021,46086,708673,420261,33326,125235,20870,562164,6451,510,57527516,5005.23154.005.44%

The following formulas are used to calculate various types of leverages:- 1. DOL=Sales-Variable…

Answered: Calculate DOL, DOF, and DOT for both…

Business

Accounting

Calculate DOL, DOF, and DOT for both years. ANSWER 2020 2021

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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