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betterway betterway
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7 years ago
At a base sales level of $400,000, a firm has a degree of operating leverage of 2 and a degree of financial leverage of 1.5. The firm's degree of total leverage is ________.
A) 3.5
B) 3.0
C) 0.5
D) 1.3
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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alovelyalovely
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7 years ago
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"It is better to fail in originality than to succeed in imitation."

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betterway Author
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7 years ago
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