Which of the Following Statements Is Most Correct

Multiple Choice

Which of the following statements is most correct?

A) The degree of combined leverage measures the sensitivity of earnings per share ininto changes in EBIT.
B) A firm's business risk is measured by its variability in earnings per share over time.
C) A firm's degree of combined leverage is the product of its degree of operating leverage and its degree of financial leverage.
D) All the above statements are false.