Question
The percentage change in earnings before interest and tax (EBIT) associated with a given percentage change in sales is known as the _____. a. degree
The percentage change in earnings before interest and tax (EBIT) associated with a given percentage change in sales is known as the _____.
| a. | degree of combined leverage | |
| b. | degree of operating leverage | |
| c. | degree of total leverage | |
| d. | degree of financial leverage | |
| e. | degree of contribution margin leverage |
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Investment Analysis And Portfolio Management
Authors: Frank K. Reilly, Peggy L. Hedges, Philip Chang, Keith C. Brown, Hedges Reilly Brown
1st Canadian Edition
0176500693, 978-0176500696
