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Home Q & A Board Other Fields Homework Help Business Management
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pompa pompa
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7 years ago
When a firm has fixed operating costs, operating leverage is present. In that case, an increase in sales results in a more-than-proportional increase in EBIT, and a decrease in sales results in a more-than-proportional decrease in EBIT.
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Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
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UlainUlain
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7 years ago
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pompa Author
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7 years ago
Thanks for your help!!
rhockeygirl
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Thank you, thank you, thank you!
ofsuahasiufhoas
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2 hours ago
Just got PERFECT on my quiz
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