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The firm's sales are $100M and its variable costs are 50% of sales. The fixed costs are 15M and its interest expenses are 3M. Which

The firm's sales are $100M and its variable costs are 50% of sales. The fixed costs are 15M and its interest expenses are 3M. Which of the following statements is correct?

A.

The operating leverage is 1.43
B.

The financial leverage is 1.21
C.

The financial leverage is 1.76
D.

The operating leverage is 1.09

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