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A company experienced a 12 % increase in earnings before interest and taxes and a 3 % increase in sales. What is the degree of
A company experienced a 12 % increase in earnings before interest and taxes and a 3 % increase in sales. What is the degree of operating leverage for this company?
a. 36 | ||
b. 6 | ||
c. 4 | ||
d. none of the above |
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