16- 1Chapter 16Operating and Operating and Financial LeverageFinancial Leverage Pearson Education Limited 2019Fundamentals of Financial Management, 12/eCreated by: Gregory A. Kuhlemeyer, Ph.D.Carroll College, Waukesha, WI16- 2After studying Chapter 16, you should be able to:u Define operating and financial leverage and identify causes of both. u Calculate a firms operating break-even (quantity) point and break-even (sales) point . u Define, calculate, and interpret a firms degree of operating, f
