Operating leverage affects EBIT and, through EBIT, EPS. Financial leverage has no effect on EBIT--it only affects
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Operating leverage affects EBIT and, through EBIT, EPS. Financial leverage has no effect on EBIT--it only affects EPS, given EBIT.
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Related Book For
Financial Management Theory And Practice
ISBN: 9780324259681
11th Edition
Authors: Eugene F Brigham, Michael C Ehrhardt
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