Question
The Long-Life Battery Co. generates $4 million of profits on sales of $10 million and has a degree of operating leverage of 3.2. What will
The Long-Life Battery Co. generates $4 million of profits on sales of $10 million and has a degree of operating leverage of 3.2. What will profits be if sales increase to $12 million?
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Fundamentals of Corporate Finance
Authors: Richard Brealey, Stewart Myers, Alan Marcus
8th edition
77861620, 978-0077861629
