If a Firm Has a 30% Change in Operating Income,and

question 44

Multiple Choice

If a firm has a 30% change in operating income,and its Degree of Operating Leverage is 3.63,what was its percentage change in unit volume,all other things considered?

• A) 36.5%
• B) 12.52%
• C) 8.26%
• D) 360%

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Definitions:

Sweepstakes

Promotional drawings in which prizes are given away at no charge to the participants, often used as a marketing tactic.

Contest

A competitive event or situation where participants try to win by doing something better than others.

Advertising Plan

A strategic document outlining the objectives, target audience, messaging, and channels for a specific advertising campaign, designed to achieve marketing goals.

Cause-Related Marketing

A marketing strategy where a company and a nonprofit organization form a partnership to promote a social or environmental cause.