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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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