The degree of financial leverage is defined as:
A) the percent change in EBIT over the percent change in sales
B) the percent change in EPS over the percent change in EBIT
C) the percent change in EPS over the percent change in sales
D) the percent change in EBIT over the percent change in EPS
E) the percent change in sales over the percent change in EPS
Correct Answer:
Verified
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