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Intro A company has predicted EBIT of $40,000 per year and a degree of operating leverage of 2 at the predicted level of sales. I

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Intro A company has predicted EBIT of $40,000 per year and a degree of operating leverage of 2 at the predicted level of sales. I Attempt 1/5 for 8 pts. Part 1 What is the expected percentage change in EBIT if sales turn out to be 11% lower than expected? 31200 Try again Try again See solution (-9 pts.)

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