The price of imported oil fell dramatically in late 2008


  • The price of imported oil fell dramatically in late 2008. What sort of macroeconomic shock would this be considered? 
  • How do each of the following affect the sensitivity of profits to the business cycle?
  1. Financial leverage
  2. Operating leverage

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Accounting Basics: The price of imported oil fell dramatically in late 2008
Reference No:- TGS01120323

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