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24 At a base sales level of $400,000, a firm has a degree of operating leverage of 2.5 and a degree of financial leverage of

At a base sales level of $400,000, a firm has a degree of operating leverage of 2.5 and a degree of financial leverage of 1.1 What is the degree of total leverage? 1.40 2.27 3.6 2.75

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