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    Principles of Managerial Finance
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    Exam 13: Leverage and Capital Structure
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    Whenever the Percentage Change in EBIT Resulting from a Given
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Whenever the Percentage Change in EBIT Resulting from a Given

Question 40

Question 40

True/False

Whenever the percentage change in EBIT resulting from a given percentage change in sales is greater than the percentage change in sales, operating leverage exists.

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