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  3. Study Set
    Principles of Managerial Finance
  4. Exam
    Exam 13: Leverage and Capital Structure
  5. Question
    Operating Leverage Is Defined as the Use of Fixed Operating
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Operating Leverage Is Defined as the Use of Fixed Operating

Question 210

Question 210

True/False

Operating leverage is defined as the use of fixed operating costs to magnify the effects of changes in sales on a firm's earnings before interest and taxes.

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