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  3. Study Set
    Principles of Managerial Finance
  4. Exam
    Exam 13: Leverage and Capital Structure
  5. Question
    Comparison of the Degree of Operating Leverage of Two Firms
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Comparison of the Degree of Operating Leverage of Two Firms

Question 24

Question 24

True/False

Comparison of the degree of operating leverage of two firms is valid only when the base level of sales used for each firm is the same.

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