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A firm with high financial leverage is characterized by _____ while one with high operating leverage is characterized by _____. a. low fixed costs of
A firm with high financial leverage is characterized by _____ while one with high operating leverage is characterized by _____.
a. | low fixed costs of production; high variable financial costs | |
b. | high fixed financial costs; high fixed costs of production | |
c. | low fixed cost of production; low fixed financial costs | |
d. | high variable financial costs; high variable cost of production | |
e. | high fixed costs of production; high fixed financial costs |
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