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Financial vs Operating Leverage

Anyone have insight on the difference here, and how to calculate, in relation to corporate finance?

this is not in level 2 anymore, i wouldn't waste time on it.

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It was removed from the curriculum as kaboobies said. Move along.

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@dreary, where is this material?

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As a retaker, I kinda freaked out when I didn't see it this year. Oh well, i should use my brain for more important knowledge.

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i spent 35 hours alone on these concepts, i hope we get 2 item sets on them.

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