If the contribution margin ratio is 0.60, targeted operating income is $95,000, and targeted sales volume in dollars is $530,000, then the degree of operating leverage is ________.
A) 0.30 times
B) 0.67 times
C) 3.35 times
D) 2.23 times
Answer: C) 3.35 times
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Which of the following is NOT characteristic of transformational leadership?
a. They are able to inspire and motivate people towards change b. They are able to align people towards the organization’s vision and mission c. They are able to work for long periods of time, even under the most monotonous and boring situations d. They tend to delegate managerial tasks like policies, plans and budgets
What vital areas are typically evaluated in "scoring"?
What will be an ideal response?
In the examination of property, plant, and equipment, the auditor tries to determine all of the following except the:
A. Adequacy of replacement funds. B. Extent of the control risk. C. Extent of property abandoned during the year. D. Reasonableness of the depreciation.
If the P/E paid for a target company is equal to the P/E of the acquiring company, the effect on the earnings per share of the acquired company will be ________.
A) positive B) neutral C) negative D) uncorrelated