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If we consider the effect of taxes, then the degree ofoperating leverage can be written as: DOL = 1 + [FC ? (1 ?? TC)

If we consider the effect of taxes, then the degree ofoperating leverage can be written as: DOL = 1 + [FC Ã? (1 â?? TC) â??TC Ã? D]/OCF Consider a project to supply Detroit with 2 2 answers

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