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How much will a 15% increase in sales increase a firm's net operating income (NOI) and increase its net income (NI), if: (a) its degree
How much will a 15% increase in sales increase a firm's net
operating income (NOI) and increase its net income (NI), if:
(a) its degree of operating leverage (DOL) = 3.0, and its degree
of financial leverage (DFL) = 4.0? (b) its DOL = 2.0 and DFL = 2.5?
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