The percentage change in earnings per share (EPS) that results from a given percentage change in sales is known as the firm's degree of_____ leverage.
A. financial
B. operating
C. working capital
D. current asset
E. total
Answer: E
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Suppose that a change in the expected inflation rate leads supply and demand to adjust so that the expected real interest rate is unchanged at 3.0 percent. The tax rate is 30 percent. Initially, the expected inflation rate is 3.0 percent. If the expected inflation rate rises from 3 percent to 6 percent, the after-tax expected real interest rate
A. rises by 1.8 percent. B. rises by 0.9 percent. C. falls by 0.9 percent. D. falls by 1.8 percent.
Briefly describe creative behavior and decision-making taskwork processes, and give one example of each.
What will be an ideal response?
A quality marketing objective should have three basic characteristics. It should be specific, measurable, and ________.
Fill in the blank(s) with the appropriate word(s).
Pavone Corp has prepared a preliminary cash budget for the third quarter as shown below
Cash Budget Jul Aug Sep Beginning cash balance $36,000 $11,400 $16,900 Plus: Cash collections $49,400 $53,000 44,800 Cash available 85,400 $64,400 $61,700 Less: Cash payments: Purchases of direct materials 35,000 9,000 11,000 Operating expenses 39,000 30,500 30,700 Capital expenditures 0 8,000 7,000 Ending cash balance $11,400 $16,900 $13,000 Subsequently, the marketing department revised its figures for cash collections. New data are as follows: $57,000 in July, $56,000 in August, and $44,000 in September. Based on the new data, calculate the new projected cash balance at the end of September. A) $27,500 B) $13,000 C) $19,000 D) $22,800