With the existence of fixed operating costs, a decrease in sales will result in ________ in EBIT.

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With the existence of fixed operating costs, a decrease in sales will result in ________ in EBIT.

With the existence of fixed operating costs, a decrease in sales will result in ________ in EBIT.
A) a proportional increase
B) an equal increase
C) a less than proportional decrease
D) a more than proportional decrease

Textbook

Principles of Managerial Finance

Edition: 14^th

Authors: Gitman, Zutter

Read 180 times

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