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A 25% increase in sales causes EPS to rise from $1.50 to $2.2125. Assuming the firm has no debt, what is its degree of operating

A 25% increase in sales causes EPS to rise from $1.50 to $2.2125. Assuming the firm has no debt, what is its degree of operating leverage (DOL)?

a. 2.20

b. 2.00

c. 2.35

d. 1.90

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