The degree of combined leverage is the sum of the degree of operating leverage and the degree of financial leverage.T/F,,A lower price for the firm’s product will reduce the firm’s breakeven point.T/F,,A corporate buy-back, or the repurchasing of shares, is,A. an example of balance sheet restructuring.,B. an excellent source of profits when the firm’s stock is over-priced.,C. a method of reducing the debt-to-equity ratio.,D. all of the above.,,,,,,
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