Question: If profits decrease by 13.8% when the degree of operating leverage (DOL) is 3.8, then the decrease in sales is: A) 0.28% B) 0.52% C)
If profits decrease by 13.8% when the degree of operating leverage (DOL) is 3.8, then the decrease in sales is:
A) 0.28%
B) 0.52%
C) 3.63%
D) 10%
E) 52.44%
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