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mantparn mantparn
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7 years ago
Which of the following is true of leverage?
A) It refers to the effects that operating and financial fixed costs have on the returns that shareholders earn.
B) It is associated with risks which are out of the control of managers.
C) It includes the effect of operating fixed costs on the returns of shareholders and not the financial fixed costs.
D) It is used to evaluate the profitability associated with various levels of sales.
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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donnabandonnaban
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mantparn Author
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7 years ago
Thanks for the assistance, I've marked your post as best answer
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