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    Exam 9: Financial Modeling Basics:
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    A 10% Reduction in the Cost of Sales as a Percent
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A 10% Reduction in the Cost of Sales as a Percent

Question 11

Question 11

True/False

A 10% reduction in the cost of sales as a percent of sales will have the same impact on a firm's enterprise and equity values as a 10% increase in revenue.

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