Exam Question
The degree of financial leverage may be defined as
- 1) percent change in sales/percent change in volume
- 2) percent change in EPS/percent change in net income
- 3) percent change in EPS/percent change in EBIT
- 4) percent change in EPS/percent change in sales
View Answer
Answer 3) percent change in EPS/percent change in EBIT
Practice set and Exam Quiz
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