. If a firm has no operating leverage and no financial leverage, then a 10% increase in sales will have what effect on EPS?

/in /by

. If a firm has no operating leverage and no financial leverage, then a 10% increase in sales will have what effect on EPS?

a. EPS will increase by 10%

b. EPS will remain the same

c. EPS will increase by less than 10%

d. EPS will decrease by 10%

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