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MyPhone and YourPhone, two cell phone manufacturers, have estimated sales of 10,000 units each. If the two companies have identical operating risk but different financial
MyPhone and YourPhone, two cell phone manufacturers, have estimated sales of 10,000 units each. If the two companies have identical operating risk but different financial risk, they are most likely to have identical sensitivity of:
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net income to changes in unit sales.
operating income to changes in unit sales.
net income to changes in operating income.
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