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Suppose that your firm has an Operating Leverage Ratio of 1.35x and a Financial Leverage Ratio of 2.22x. What is your firm's Combined Leverage Ratio?

Suppose that your firm has an Operating Leverage Ratio of 1.35x and a Financial Leverage Ratio of 2.22x. What is your firm's Combined Leverage Ratio?

a.

2.99 x

b.

3.04 x

c.

3.17 x

d.

3.21 x

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