Fm question

sales 5000000

v/c 3450000

con 1550000

f/c 340000

ebit 1210000

int 242000

ebt 968000

t 290400

pat 677600

1.25=ebit/(ebit-i)

1.25(ebit-242000)=ebit

ebit= 1210000

am I right? its long back I used to solve this...☺☺

My calculations is also same with you. In suggested answers operating leverage taken as a base to find out contribution first .But in our calculations financial leverage taken. But Answer should be the same. I think there is some mistake in that question.