Question
If the current degree of the total leverage is 1.73 and the current degree of the financial leverage is 1.08, what is the degree of
If the current degree of the total leverage is 1.73 and the current degree of the financial leverage is 1.08, what is the degree of operating leverage?
a.
it can not be calculated.
b.
it will be about 0.62.
c.
it will be about 1.60.
d.
it will be about 1.88
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Financial Accounting Tools for business decision making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
6th Edition
978-1119191674, 047053477X, 111919167X, 978-0470534779
