If a Corporation's DOL Is 3 Then

question 14

Multiple Choice

If a corporation's DOL is 3 then

• A)every 10% change in sales operating income will change by 30%.
• B)for every 1% change in sales,operating income will change by 3%.
• C)for every 5 % change in sales,operating income will change by 15%.
• D)all of the above.

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Definitions:

United States

A country in North America consisting of 50 states and a federal district, known for its significant influence on world economics, politics, and culture.

Oil

A viscous liquid derived from petroleum, crude oil, or plants, used as fuel, in manufacturing, and as a base for many chemicals.

Consumption

The use of goods and services by households or individuals, often measured to understand economic activity and trends.