Suppose That ITC's Degree of Combined Leverage (DCL) Is 3

question 32

Multiple Choice

Suppose that ITC's degree of combined leverage (DCL) is 3.00 at a sales volume of $9 million.Determine ITC's percentage change in earnings per share (EPS) if forecasted sales increase by 20 percent to $10,800,000.

• A)60%
• B)50%
• C)32%
• D)30%

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Definitions:

Political Skills

The ability to effectively navigate through interpersonal and organizational politics, influencing others and managing relationships to achieve desired outcomes.

Personality Inventory Analysis

A method of assessing an individual's character traits, strengths, and weaknesses, typically through questionnaires or tests.

Role Incumbents

Individuals who are currently holding or occupying specific positions or roles within an organization or structure.

Role Senders

People or entities in an organization that have expectations for the behavior and performance of others, often influencing their roles.