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

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

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jeff jeffy answered 6 months ago
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