Correct Answer : C
Explanation :
Explanation :
Financial leverage measures the sensitivity of EPS to changes in EBIT.
Correct Answered :
Wrong Answered :
A
No change with EBIT and EPS
B
The sensitivity of EBIT with % change with respect to output
C
The sensitivity of EPS wrt % change in the EBIT level
D
% variation in the level of production
Financial leverage measures the sensitivity of EPS to changes in EBIT.
Correct Answered :
Wrong Answered :