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A 20% increase in sales causes EPS to rise from $1.50 to $2.1.Assuming the firm has no debt, what is its degree of operatingleverage (DOL)?

A 20% increase in sales causes EPS to rise from $1.50 to $2.1.Assuming the firm has no debt, what is its degree of operatingleverage (DOL)? Responses 1.90/ 2.00/ 2.20/ 2.35 2 answers

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