The Percentage Change in Firm (Or Project) Operating Cash Flow

question 110

Multiple Choice

The percentage change in firm (or project) operating cash flow relative to the percentage change in quantity sold is called (the) :

• A) Cash flow marginal profit.
• B) Degree of operating leverage.
• C) Gross profit.
• D) Net profit.
• E) Financial break-even.

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Definitions:

Special Indorsement

A method of endorsing a negotiable instrument, where the endorser specifies the person to whom or to whose order the instrument is payable.

Pay to the Order

A phrase used in cheques or negotiable instruments that specifies the person to whom the payment is to be made.

Indorsements

The act of signing one's name on the back of a negotiable instrument to legally transfer it to another party.

Blanket

In a general context, a large fabric designed for warmth, but in various fields can mean a broad coverage or application of something.