31) Truck Inc discovered that for every 1 percent decrease in its sales, its earnings before interest and taxes decrease by 3 2 percent Based on this information, we know that Truck Inc has a debt assets ratio equal to 3 2 times its debt equity ratio degree of operating leverage equal to 3 2 current ratio equal to 3 2 degree of total leverage equal to 3 2 degree of financial leverage equal to 3 2

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Question: 31) Truck Inc. discovered that for every 1 percent decrease in its sales, its earnings before interest and taxes decrease by 3.2 percent. Based on

31)

Truck Inc. discovered that for every 1 percent decrease in its sales, its earnings before interest and taxes decrease by 3.2 percent. Based on this information, we know that Truck Inc. has a _____.

		debt/assets ratio equal to 3.2 times its debt/equity ratio
		degree of operating leverage equal to 3.2
		current ratio equal to 3.2
		degree of total leverage equal to 3.2
		degree of financial leverage equal to 3.2

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