Question: Financial Leverage is calculated as : (a) EBIT Contribution (b) EBIT PBT (c) EBIT Sales (d) EBIT Variable Cost

Financial Leverage is calculated as :

(a) EBIT ÷ Contribution

(b) EBIT ÷ PBT

(c) EBIT ÷ Sales

(d) EBIT ÷ Variable Cost

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