Which of the following measures the percentage change in profits resulting from a percentage change in sales?
A) variable cost leverage
B) contribution margin ratio
C) degree of operating leverage
D) sales margin ratio
Correct Answer:
Verified
Q13: At the break-even point, revenue is equal
Q82: Which of the following measures the sensitivity
Q84: Which of the following is an assumption
Q85: What is the formula to calculate the
Q86: Which is characteristic of operating leverage?
A)concerned with
Q88: What "what-if" technique examines the impact on
Q89: Which of the following should be used
Q90: Variable costs per unit consist of direct
Q91: Which of the following can be considered
Q92: How is the sales mix expressed?
A)in terms
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents