Matching
Match the following:
Premises:
Degree of total leverage
Responses:
Amplifies business risk.
Creates financial risk.
Price minus variable cost as a percent of price.
Measures the combined effect of financial and operating leverage.
Correct Answer:
Premises:
Responses:
Amplifies business risk.
Creates financial risk.
Price minus variable cost as a percent of price.
Measures the combined effect of financial and operating leverage.
Premises:
Amplifies business risk.
Creates financial risk.
Price minus variable cost as a percent of price.
Measures the combined effect of financial and operating leverage.
Responses:
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