For instructions on using Thomson ONE, refer to the instructions provided with the Thomson ONE problems at the end of Chapters 1–6 or to “A Guide for Using Thomson ONE.” P10-16. Compare the operating...

For instructions on using Thomson ONE, refer to the instructions provided with the Thomson ONE problems at the end of Chapters 1–6 or to “A Guide for Using Thomson ONE.” P10-16. Compare the operating leverage of Toyota Motor Corp. (ticker: J:TYMO) with that of Nissan Motor Company Limited (J:NR@N), using fi nancial information from the last fi ve years. Which company has the higher operating leverage and why? Which company do you expect will have the higher beta? Check the reported betas on Thomson ONE to see if they match your expectations. P10-17. Conduct a similar analysis on fi nancial leverage for the same two companies in Problem 10-16.