Degree of Operating Leverage (DOL) measures the magnitude of the operating leverage effect. % A EBIT DOL = % Soles Period 1 Period 2 Percent Change 10% What is the DOL for this firm? a) 0.5 b) 1.0 c) 2.0 d) 2.5 Sales Fixed Costs Operating Income $10,000 - 5,000 $5,000 $11,000 -5,000 $6,000 20%