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mantparn mantparn
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7 years ago
Whenever the percentage change in EBIT resulting from a given percentage change in sales is greater than the percentage change in sales, operating leverage exists.
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Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
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alovelyalovely
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7 years ago
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More solutions for this book are available here
1
"It is better to fail in originality than to succeed in imitation."

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mantparn Author
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#2
7 years ago
Thanks for the assistance, I've marked your post as best answer
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