Question 02/10 If a company has financial leverage of 2x this implies? A 1% increase in sales will give a 2% increase in EBIT (earnings before interest and tax) A 1% increase in EBIT will give a 2% increase in profit after tax A 1% increase in sales will give a 2% increase in profit after tax A 1% increase in EBIT will result from a 2% increase in sales