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Table 12.1
-What is the degree of financial leverage at a base level EBIT of $120,000 for both financing plans? The firm has a 40 percent tax rate.(See Table 12.1)
Increases Probability
A term likely referring to factors or conditions that raise the likelihood of a specific event or outcome.
Negative Reinforcer
An unpleasant stimulus that, when removed after a behavior, increases the likelihood of that behavior being repeated in the future.
Primary Reinforcer
A stimulus that is inherently rewarding and satisfies a basic biological need, such as food or water.
Positive Reinforcer
A motivator that, when given after a specific behavior, boosts the chance of that behavior being replicated.
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