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Question 9 Degree of Operating Leverage ( DOL ) . Assume that in FY 2 0 2 2 , the degree of operating leverage was

Question

9

Degree of Operating Leverage

(

DOL

) .

Assume that in FY

2022,

the degree of operating leverage was

5.40

for Company ABC.

If their

F Y 2023

revenue declines by

15 %,

by what

%

would their operating profit decline?

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