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QUESTION: a high degree of operating leverage suggests that a. a small percentage increase in sales leads to a large percentage increase in earnings before

QUESTION: a high degree of operating leverage suggests that

a. a small percentage increase in sales leads to a large percentage increase in earnings before interest and taxes

b. a small percentage increase in sales leads to an identical percentage increase in earnings before interest and taxes

c. a large percentage increase in sales leads to a small percentage increase in earnings before interest and taxes

d. none of the above

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