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mantparn mantparn
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Posts: 1904
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7 years ago
Because the degree of total leverage is multiplicative and not additive, when a firm has very high operating leverage it can moderate its total risk by ________.
A) increasing sales
B) using a higher level of financial leverage
C) increasing EBIT
D) using a lower level of financial leverage
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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alovelyalovely
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Posts: 958
7 years ago
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More solutions for this book are available here
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"It is better to fail in originality than to succeed in imitation."

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mantparn Author
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7 years ago
Whoa I needed this Smiling Face with Open Mouth
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