Multiple Choice
The degree of financial leverage (DFL) is defined as the percentage change in ______ that results from a particular percentage change in _____.
A) earnings before interest and taxes (EBIT) ; sales
B) sales; earnings per share (EPS)
C) EPS; sales
D) EPS; EBIT
E) sales; EBIT
Correct Answer:
Verified
Correct Answer:
Verified
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