Finance corp has fixed costs of 7 million and profits of 4, Accounting Basics

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Finance corp has fixed costs of 7 million and profits of 4

Finance Corp has fixed costs of $7 million and profits of $4 million. What is its degree of operating leverage (DOL)?
Choose an industry and identify the factors that will determine its performance in the next three years. What is your forecast for performance in that time period?

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Accounting Basics: Finance corp has fixed costs of 7 million and profits of 4

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