Question: Operating Leverage Select one: a. Equals the EBIT/EBITDA b. Increases as the firm increases its fixed costs. c. Is always the Degree of Operating Leverage

Operating Leverage Select one: a. Equals the EBIT/EBITDA b. Increases as the firm increases its fixed costs. c. Is always the Degree of Operating Leverage plus a premium d. Is the Degree of Operating Leverage divided by the Degree of Financial Leverage

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