A financial analyst with Mineral Inc. calculated the company's degree of financial leverage as 1.5. If net income before interest increases by 5%, earnings to shareholders will increase by
a. 1.50%
b. 3.33%
c. 5.00%
d. 7.50%
CMA Exam Part 2
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Morgan Del Rio
Marketing and Social Media Manager
IMA
morgan.delrio@...------------------------------