The higher the DFL
A) the less the cost of financing to the company.
B) the greater a company's earnings per share exceeds its operating income.
C) the greater a company's operating income exceeds its earnings per share.
D) none of the above.
B
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Which of the following is NOT one of the suggestions the authors provided as a way to conduct your self-analysis?
a. Conduct a life overview. b. Focus on this moment in time. c. Think about what you want to do in the future. d. Use technology.
Two methods of estimating uncollectible receivables are ________.
A) the allowance method and the amortization method B) the aging-of-accounts-receivable method and the percent-of-sales method C) the gross-up method and the direct write-off method D) the direct write-off method and the percent-of-completion method
The direct cost for completing an activity as early as possible is called its ________ cost.
Fill in the blank(s) with the appropriate word(s).
Depreciation is a unique expense because it
a. does not require a cash outlay. b. does not affect income taxes. c. is the same amount every accounting period. d. has to be calculated.