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QUESTION
Explain why Bank of America, in the financial services industry, has a relatively low rate of operating leverage, while a manufacturing firm like...
Explain why Bank of America, in the financial services industry, has a relatively low rate of operating leverage, while a manufacturing firm like Honda has a much higher degree.
Explain why Bank of America, in the financial services industry, has a relatively low rate of operating leverage,while a manufacturing firm like Honda has a much higher degree.Solution:operating...