Question
2. The degree of financial leverage measures the percentage change in _______ that occurs when you have a given percentage change in ________. a. EBIT;
2.
The degree of financial leverage measures the percentage change in _______ that occurs when you have a given percentage change in ________.
a. EBIT; Sales
b. EPS; ROE
c. EPS; EBIT
d. Sales; ROE
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College Accounting Chapters 1-30
Authors: John Price, M. David Haddock, Michael Farina
15th edition
1259994975, 125999497X, 1259631117, 978-1259631115
