Due to a prolonged economic downturn, Keely Corporation's EBIT and EPS in the previous year were $225,000 and $1.35. Thi

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answerhappygod
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Due to a prolonged economic downturn, Keely Corporation's EBIT and EPS in the previous year were $225,000 and $1.35. Thi

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Due to a prolonged economic downturn, Keely Corporation's EBIT
and EPS in the previous year were $225,000 and $1.35. This year
EBIT and EPS were $35,000 and $0.70. Given this information,
calculate the company's DFL.
Multiple Choice
0.57
0.50
0.60
0.67
0.47
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