Which the degree of operating leverage is defined as

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Question a: The degree of operating leverage is defined as:

Option 1. % change in EBIT/ % change in contribution margin

Option 2. % change in EBIT/ % change in variable cost

Option 3. % change in sales/ % change in EBIT

Option 4. % change in EBIT/ % change in sales

Reference no: EM132643630

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