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Given the Following Information Extracted from the Income Statement of Widget

Question 28

Multiple Choice

Given the following information extracted from the income statement of Widget Company ( Widget Company has no depreciation or amortization expenses) ,
Given the following information extracted from the income statement of Widget Company ( Widget Company has no depreciation or amortization expenses) , The degree of total leverage of Widget Company is closest to: A) 2.80 B) 3.25 C) 3.50 D) 4.00
The degree of total leverage of Widget Company is closest to:


A) 2.80
B) 3.25
C) 3.50
D) 4.00

Correct Answer:

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