If a firm has a high degree of leverage then a small change, Financial Management

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If a firm has a high degree of leverage then a small change

If a firm has a high degree of leverage then a small change in sales results in

Select one:

a. an unpredictable change in expected profits

b. a very small change in expected profits

c. no change in expected profits

d. a large change in expected profits.

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Financial Management: If a firm has a high degree of leverage then a small change

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Financial Management: If a firm has a high degree of leverage then a small change

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