Financial leverage Max Small has outstanding school fans that require a monthly payment of…

Financial leverage Max Small has outstanding school fans that require a monthly payment of $1,010. He needs to buy a new car for work and estimates that this purchase will add $340 per month to his existing monthly obligations Max will have $2,970 valabila ter metinged his mothy living operating experien. The amount could vary by plus or minus 10% Tomes the potential impact of the additional borrowing on his financial leverage, culouline the DFL in tabular form for both the current and proposed to payments using Max’s available $2.970 as a base and a 10% change b. Can Max afford the additional loan payment? c. Should Max take on the additional loan payment? Financial leverage Max Small as outstanding school loans that requite a monthy payment of $1,010. Ho needs to buy a new car for work and states that this purchase will add $345 per month to his casting monthly obligations. Max will have $2,970 available for meeting all of his monthly living (operating expenses. This amount could vary by plus minus 10% a. To assess the potential impact of the additional borrowing on his financial leverage calculate the DFL in tabatar form for both the current and proposed loan payment using Max’s available $2.970 as a base and a 10% change b. Can Max afford the additional loan payment? c. Should Max take on the additional loan payment? a. To assess the potential impact of the additional borrowing on his financial leverage calculate the DFL in tabular form for both the current and proposed loan payments using Max’s available $2,970 as a base and a 10% change. Complete the table below to compute the current DFL: (Round to the new ont color and the perceritage change to one decimal place) Current DFL -10% $ S Available for making loan payments Loss Existing monthly loan payments Available after loan payments $