Question: Common characteristics of operating and financial leverage include: O a both involve the substitution of fixed for variable cash outflows. b. both are affected by

 Common characteristics of operating and financial leverage include: O a both

Common characteristics of operating and financial leverage include: O a both involve the substitution of fixed for variable cash outflows. b. both are affected by a firm's investing decisions. Oc both are affected by a firm's financing decisions. Od None of the above

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