Sales of a firm are Rs. 40 lacs; variable costs Rs. 10 lacs; fixed cos – McqOptions

MCQOPTIONS

1.	Sales of a firm are Rs. 40 lacs; variable costs Rs. 10 lacs; fixed costsRs. 15 lacs; interest Rs. 5 lacs. Combined leverage of the firm will be
A.	2.5
B.	3
C.	2
D.	8
Answer» C. 2

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