The following companies in the movie business produced these results over the past two years. Required: Determine
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Determine which company has the higher operating leverage.
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Toronto Animations Limited Halifax Productions Inc. 2010 1,200,000 $1,800,000 400,000 $ 800,000 $1,400,000 2009 2010 $700,000 $1.050,000 300,000 400,000$ 750,000 2009 Sales Fixed costs EBIT 400,000 300,000
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Related Book For
Financial Management for Decision Makers
ISBN: 978-0138011604
2nd Canadian edition
Authors: Peter Atrill, Paul Hurley
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