Question: If Jayco's sales increase by 10%, Jayco's EBIT increases by 15%. If Jayco's EBIT increases by 10%, Jayco's EPS increases by 12%. Jayco's degree of
If Jayco's sales increase by 10%, Jayco's EBIT increases by 15%. If Jayco's EBIT increases by 10%, Jayco's EPS increases by 12%. Jayco's degree of operating leverage (DOL) and degree of total leverage (DTL) are closest to: A. 1.2 DOL and 1.5 DTL. B. 1.2 DOL and 2.7 DTL. C. 1.5 DOL and 1.8 DTL.
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