Christi Will Be Starting College in the Fall

question 52

Multiple Choice

Christi will be starting college in the fall.She is filling out the questionnaire that will be used to match roommates.To maximize the probability that she and her roommate will become friends,Christi ought to:

• A) focus on practical things, such as how much quiet she needs
• B) be clear about the things that she does not like in others
• C) describe her own looks very accurately
• D) describe her interests and personality as specifically as possible

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Definitions:

Operating Leverage

A measure of how revenue growth translates into growth in operating income, indicating the fixed versus variable costs structure of a company.

Depreciation Expense

Strategically spreading out the cost of a concrete asset over the course of its serviceable life.

Operating Cash Flow

A measure of the cash generated by a company's normal business operations, indicating whether a company is able to generate sufficient positive cash flow to maintain and grow its operations.

Operating Leverage

A measure of how sensitive a company's operating income is to a change in its sales volumes, reflecting the proportion of fixed costs in a company's cost structure.