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The Capitalstructure of ABC Ltd, is as under: Equity share capital ₹100 Lacs 10% Debentures ₹50 Lacs The sales for the year 2019are 1.5Lac units@ ₹40per unit Also,the variable cost per unitis 20 % of sales revenue ₹12Lacs is the fixed operating cost. AssumeIncome tax rate as 40 % Calculate Operating, Financial and Combined Leverage of the firm and interpret the result.
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