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Flingers Inc

Question 55

Multiple Choice

Flingers Inc.reveals the following information in their annual report for FY 2014. Flingers Inc.reveals the following information in their annual report for FY 2014. Upper management plans to cut cost of goods sold by 5% for the coming year but retain the same sales.What will Flingers' profit leverage effect be for 2015? A) $13.33 B) $14.71 C) $17.50 D) $18.50 Upper management plans to cut cost of goods sold by 5% for the coming year but retain the same sales.What will Flingers' profit leverage effect be for 2015?


A) $13.33
B) $14.71
C) $17.50
D) $18.50

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