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If the firm's degree of operating leverage is 4.5, what percentage change in sales will result in a 3% rise in profits? Select one: A.
If the firm's degree of operating leverage is 4.5, what percentage change in sales will result in a 3% rise in profits?
Select one:
A. 1.50%
B. 0.67%
C. 3.03%
D. 0.33%
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