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Which of the following characteristics is most likely to be found in the financial statements of companies in an industry with high operating leverage? 1.

Which of the following characteristics is most likely to be found in the financial statements of companies in an industry with high operating leverage?

1. high ratio of equity to total assets

2. high percentage of total assets in accounts receivable and inventory

3. high percentage of total assets in fixed assets

4. high percentage of costs of goods sold to total assets

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