Question
If the degree of operating leverage of a company is increased by 30% while the degree of financial leverage is decreased by 20%. What will
If the degree of operating leverage of a company is increased by 30% while the degree of financial leverage is decreased by 20%. What will be the change in the degree of total leverage?
a) 2% increase
b) 3% increase
c) 4% increase
d) 2% decrease
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