The degree of financial leverage (DFL) is defined as the percentage change in _____ that results from a given percentage change in earnings before interest and tax (EBIT).?

A. ?sales
B. ?net operating income (NOI)
C. ?operating fixed costs
D. ?net income
E. ?earnings per share (EPS)


Answer: E

Business

You might also like to view...

An informal appraisal is used when a system is in place to report managerial observations and assessment of employee performance.

Answer the following statement true (T) or false (F)

Business

The biggest challenge with ______ compensation plans is creating the manuals showing the allowable time for a job.

A. standard hour B. straight piece-rate C. differential piece-rate D. timed

Business

What is an important issue to remember in the recruitment stage?

a. That the selection criteria attract the most suitable and desirable applicants for the job b. That applicants are provided with a realistic job preview c. That the appropriate media are used for the recruitment drive d. All of the above

Business

A de novo review is

a. an appeal on the record. b. an entire new proceeding following an initial decision by an administrative agency. c. an appeal before the highest hearing body. d. review by the president.

Business