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Wilco Inc. has a high Operating Leverage Factor and expects that firm, industry, and macroeconomic conditions will be similar in the upcoming year as they

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Wilco Inc. has a high Operating Leverage Factor and expects that firm, industry, and macroeconomic conditions will be similar in the upcoming year as they were for the past several years. Given this information, using a common-sized approach to forecast operating expenses should yield reasonable estimates. True False

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