For a given level of EBIT, greater changes in EPS produce A) a declin
For a given level of EBIT, greater changes in EPS produce
A) a decline in the degree of operating leverage.
B) a decline in the degree of financial leverage.
C) an increase in the degree of operating leverage.
D) no effect on any type of leverage.
E) an increase in the degree of financial leverage.
ANSWER
E
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