Multiple Choice
The DOL measures the percentage change in ______ given a percentage change in _____.
A) fixed costs; sales
B) profits; fixed costs
C) profits; sales
D) operating leverage; fixed costs
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q9: Positive NPV projects exist because:<br>A) analysts select
Q10: Fixed costs including depreciation have increased at
Q11: What happens to the NPV of a
Q12: For a firm with a DOL of
Q13: The accounting break-even level of revenues represents
Q15: If project sales exceed the accounting break-even
Q16: What is the level of profits for
Q17: One difference between an NPV break-even level
Q18: The greater the ratio of variable costs
Q19: The strategic planning portion of the capital