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    Financial Management Principles and Applications Study Set 2
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    Exam 13: Risk Analysis and Project Evaluation
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    Quineboag Textiles In
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Quineboag Textiles In

Question 101

Question 101

Multiple Choice

Quineboag Textiles In. has calculated it's degree of operating leverage at 3.00. If Quineboag can increase sales from $5,000,000 to $5,250,000, operating income should increase from $500,000 to


A) $515,000
B) $650,000
C) $1,500,000
D) $575,000

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