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Firms in Oduduwa company often employ both high operating and financial leverage because of the use of modern technology and close borrower-lender relationships. Assume Oduduwa
Firms in Oduduwa company often employ both high operating and financial leverage because of the use of modern technology and close borrower-lender relationships. Assume Oduduwa , has sales volume of 100,000 units at a price of $25.00 per unit; variable cost of $5.00 per unit and a fixed costs of $1,500,000. What is the degree of combined leverage for this Oduduwa firm?
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