christinedianac9187 christinedianac9187

17-06-2024
Business

Answered

The Degree of Financial Leverage of a firm:
a) does not vary with the level of operations of the firm.
b) varies with the level of EBIT (Earnings Before Interest and Taxes).
c) can easily be determined from the balance sheet.
d) is equal to the break-even point in units.

Answer :

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