Operating and Financial Leverage

1
Operating and Financial Leverage
Heinz Annual Report
2
Degree of Operating Leverage from Sales Level (S)
3
Heinz
4
Heinz
5
Heinz
6
Heinz
7
Degree of Financial Leverage
8
Heinz
10
EPS
Operating Income
Sales
9
Heinz
10
EPS
Operating Income
Sales
10
Heinz
10
EPS
Operating Income
Sales
11
Heinz
10
EPS
Operating Income
Sales
12
Degree of Combined Leverage
(DOL x DFL will give you the same answer)
13
Heinz
14
Heinz
15
Heinz
16
Heinz
17
Heinz
18
Heinz
15
EPS
Operating Income
Sales
Financial leverage
Operating leverage