Multiple Choice
Miller Manufacturing's degree of operating leverage is 1.5. Warren Corporation's degree of operating leverage is 3. Warren's earnings would go up (or down) by ________ as much as Miller's with an equal increase (or decrease) in sales.
A) 1/2
B) 1.5 times
C) 2 times
D) 4.5 times
Correct Answer:
Verified
Correct Answer:
Verified
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