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pbt-of-a-firm-has-increased-by-40-percent-as-a-result-of-10-percent
Question
PBT of a firm has increased by 40 percent as a result of 10 percent increase in sales, operating leverage of the firm is 2. What will be financial leverage of the firm ?
A
4
B
20
C
2
D
1
View Answer
Answer & Explanation
Answer:20
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