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results when the company is doing well, and the opposite under negative conditions? The next question in Sally's school book states: What does leverage represent?

results when the company is doing well, and the

opposite under negative conditions?

The next question in Sally's school book states:

What does leverage represent?

The use of variable costs to magnify the firm's

results.

The use of fixed cost items to magnify the firm's

results

The use of business cost items to magnify the

firm's results

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