Question: 13. If a firms sales decrease by 15% and profits decrease by 20% during a recession, the firms operating leverage is ____________. A. 1.33 B.

13. If a firms sales decrease by 15% and profits decrease by 20% during a recession, the firms operating leverage is ____________. A. 1.33 B. 0.75 C. 5 D. -5 E. none of the above

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