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Term of the Day
degree of combined leverage (DCL)
defunct
degree of financial leverage (DFL)
Definition
A type of
ratio
that is
related
to
leverage
and that is used for making a determination of the best combined
level
of
operating
and
financial leverage
for that
company's
earnings per share
, or EPS, if given a
change
in the
amount
of the company's
sales
.
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