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A cyclical company with a high degree of operating leverage tends to experience A . Stable profit margins B . Variable profit margins C .
A cyclical company with a high degree of operating leverage tends to experience
A Stable profit margins
B Variable profit margins
C Good profit margins in an economic downturn
D Cannot afford to repay its debt from cash flow.
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Financial Ratio Analysis
Authors: Andrew P.C.
1st Edition
1973493381, 978-1973493389
