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Firms with a higher degree of financial leverage will experience which one of the following: A lower percentage of fixed financing costs. B . Once

Firms with a higher degree of financial leverage will experience which one of the following: A lower percentage of fixed financing costs. B. Once fixed interest costs are covered, additional EBIT will go straight to net income. C. It must produce sufficient sales revenue to cover its fixed operating costs. D. Decisions regarding financial leverrage are often the result of industry characteriestics

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