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    CFIN4
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    Exam 17: Financial Planning and Control
  5. Question
    A Firm Whose Degree of Operating Leverage (DOL) Is Equal
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A Firm Whose Degree of Operating Leverage (DOL) Is Equal

Question 72

Question 72

True/False

A firm whose degree of operating leverage (DOL) is equal to three means that a given percentage change in sales will change earnings per share by three times as much.

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