-The Degree of Combined Leverage Is
A) 2

question 48

Multiple Choice

$\begin{array}{ll}\text { Sales }(100,000 \text { units) } & \$ 1,000,000 \\\text { Variable costs } & \underline{300.000} \\ \text { Contribution margin } & 700,000 \\ \text { Fixed manufacturing costs } & \underline{250,000} \\ \text { Operating income } & 450,000 \\ \text { Interest } & 60.000 \\ \text { Earnings before taxes } & \overline{390,000} \\\text { Taxes (at } 31 \% \text { ) } & 120.900 \\ \text { Net Income } & \$ 269.100 \\ \text { Shares outstanding } & 10,000 \\\end{array}$
-The Degree of Combined Leverage is

• A) 2.79x.
• B) 1.9x.
• C) 1.79x.
• D) 3.46x.

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Definitions:

Ethnocentrism

The act of judging another culture based on the standards and values of one's own culture, often accompanied by a belief in the superiority of one's own ethnic group or culture.

Collective Narcissism

it is a type of narcissism where an individual has an inflated self-love of their own group, to the point where the group believes it is superior to other groups.

Implicit Group Metafavoritism

The unconscious bias towards favoring one's own group, influencing group dynamics and perceptions.

Prototype

An initial model or early sample of a product used to test and refine the concept or design before final production and release.