Question
What is the formula for Degree of Operating Leverage (DOL)? a) 1 + (Annual Fixed Cost / Pre-tax Profits) b) (Annual Fixed Cost + Annual
What is the formula for Degree of Operating Leverage (DOL)?
a) 1 + (Annual Fixed Cost / Pre-tax Profits)
b) (Annual Fixed Cost + Annual Depreciation) / Pre-tax Profits
c) 1 + ((Annual Fixed Cost + Annual Depreciation) / Pre-tax Profits)
d) 1 + (Annual Fixed Cost / Pre-tax Profits) + Annual Depreciation
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Financial Markets And Institutions
Authors: Frederic S. Mishkin, Stanley Eakins
6th Edition
0321374215, 9780321374219
