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The degree of operating leverage A. cannot be used to compare companies. B. is computed by dividing total contribution margin by net income. C. does
The degree of operating leverage
| A. | cannot be used to compare companies. | |
| B. | is computed by dividing total contribution margin by net income. | |
| C. | does not provide a reliable measure of a company's earnings volatility. | |
| D. | measures how much of each sales dollar is available to cover fixed expenses |
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Cost-Benefit Analysis Concepts and Practice
Authors: Anthony E. Boardman, David H. Greenberg, Aidan R. Vining, David L. Weimer
5th edition
1108401295, 9781108415996, 1108415997, 978-1108401296
