Given the following information extracted from the income statement of Widget Company ( Widget Company has no depreciation expense or opening or closing inventory),

The degree of total leverage (DTL)of Widget Company is closest to:
A)2.80
B)3.25
C)3.50
D)4.00

Question

Given the following information extracted from the income statement of Widget Company ( Widget Company has no depreciation expense or opening or closing inventory),

The degree of total leverage (DTL)of Widget Company is closest to:
A)2.80 
B)3.25 
C)3.50 
D)4.00

Quizplus · Accepted Answer

The Answer of Given the following information extracted from the income statement of Widget Company ( Widget Company has no depreciation expense or opening or closing inventory),

The degree of total leverage (DTL)of Widget Company is closest to:
A)2.80 
B)3.25 
C)3.50 
D)4.00

Given the Following Information Extracted from the Income Statement of Widget