Alpha Corporation Reported the Following Data for Its Most Recent

question 3

Multiple Choice

Alpha Corporation reported the following data for its most recent year: sales, $1,000,000; variable expenses, $600,000; and fixed expenses, $300,000. The company's degree of operating leverage is closest to:

• A) 0.25
• B) 2.0
• C) 4.0
• D) 3.3

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Definitions:

Managerial Functions

The core duties that managers must perform: planning, organizing, leading, and controlling, to ensure the effective operation of an organization.

Universal Managerial Functions

The fundamental tasks or responsibilities, such as planning, organizing, leading, and controlling, which are common to all managers regardless of their role or level within an organization.

Clark L. Wilson

An influential figure in the field of human resources and organizational development, known for his work on behavioral assessment.

Managerial Skills

Managerial skills are the abilities and competencies that individuals need to effectively manage tasks, people, and resources within an organization.