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The term ______ refers to the degree to which a firm uses debt financing (or other types of fixed-cost financing) to fund its operations.
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The term ______ refers to the degree to which a firm uses debt financing (or other types of fixed-cost financing) to fund its operations.

User Neil Fenwick
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Answer:

The term Operating leverage refers to the degree to which a firm uses debt financing (or other types of fixed-cost financing) to fund its operations.

Step-by-step explanation:

Operating leverage is a measure of how revenue growth translates into growth in operating income

User MrKekson
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