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    Exam 18: Capital Structure and the Cost of Capital
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    The Degree of Combined Leverage Shows Us to What Degree
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The Degree of Combined Leverage Shows Us to What Degree

Question 91

Question 91

Multiple Choice

The degree of combined leverage shows us to what degree a percentage change in sales will cause a percentage change in:


A) earnings before interest and taxes
B) pre-tax earnings after tax
C) earnings per share
D) gross profit

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