If the degree of operating leverage of a company is increased by 30% while the degree of
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Question:
If the degree of operating leverage of a company is increased by 30% while the degree of financial leverage is decreased by 20%. What will be the change in the degree of total leverage?
a) 2% increase
b) 3% increase
c) 4% increase
d) 2% decrease
Related Book For
Managerial Accounting Tools for business decision making
ISBN: 978-0470477144
5th edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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