Question
Nicholson Inc. has a DOL=3.5. Sales of the product are expected to decline by 15 percent next year. What is the expected change in the
Nicholson Inc. has a DOL=3.5. Sales of the product are expected to decline by 15 percent next year. What is the expected change in the operating income (EBIT) for this product for next year?
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| increase by 52.5 percent |
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| decrease by 52.5 percent |
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| increase by 23.3 percent |
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| decrease by 4.3 percent |
|
| decrease by 23.3 percent |
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